REGISITIRCID CHARII'Y 14UMBfiR: 1176535
Report Of tliÈ Truste£% $nd
Utsaudited Fln¥N¢ial Statements
foi. tb¢ Ended 311)ecombcr 2023
for
Sherboi'ne Museu
Waid (ioodinan
4 Ced&i' Pai'k
Cobhan) Road
tri￿oW11 Industrial Bstate
Witnbori
DotYl
B14217Sb

Sli¢i'boi-nc Miiseii
CoiLtents orthe Fin#EJ¢ixI Stsiteinents
foi. tho YeF4r Ei 31 DoeL'Jnbcr 2021
PAg¢
Report oftht TriJ$tt
Indepeiidcnt Ck xamin¢r s Reporl
state1￿)1* of Flnxiiclal Aettvl¢le5
Ilwlgnco Sheot
10
Yi)tL's ti* tlit finaiiLIHI St•tem¢Dt5
11 10 22
bétsllod St*tement of filnanc141 Acllviiles
23 to 24

Slierboriit Mu$eiiih
Repi)i'l of tlic I'1118tL'es
foi. the Year Ei nded 31 DoLLEnber 2023
nic tru%lees pr¢seiit their r4)orl with the fiiiaiicial %lattni¢iil8 of Ilic chariLy fni. ycai. cnd¢d 31 Deccniber 2023. 'fiie
tiust¢c% havc adopted ihe piovisions of Accouiiling aiid Repoi'ling by Chai'ilics.. Sialo)Trelll of RcGoiiin)ciided Practice
Rpplicablc to ¢5Ydritips pyeparinU￿ Ihcir attouiils in 1£ ccoiylaiifje witli th¢ Finxiibial Rcporting Standai'd api)liLabl¢ in tlie Ulc
and Republic of Irelaiid11.-RS 102) {cffectivc l Janiiary 2019).
OBJF.erivEs AND ACTIVITIES
OblL'ttIvcs allli
Sl)crboiiiL mustLi1￿ firsl upoiicd io tliL piiblic hi) 19(?8, 114 dllTl¥ thcii, as now, beiiig for tho collwlitsii, prL%ervn(ioii dncl
display for Ilie b￿￿￿rIt OC th¥ public of ilL*iii8 of gtn¢ral iiitLrL%t iiiid a150 tlio h(Ilcliiigk of IcLiiires, (li￿li%￿l(li1.5 uiid iiiCknlin¥8
relatiiig lo thL%ty and siniilar Riibject5.
Ti)6 Miiseiiiii is hoLL8ed ii) the foiTher Abb¢y fiJts FIDiihe li) Ihe lieyrt ill- Sli¥1'b￿.17E. 111 2018 ciwiiership of tli¢ Mu5¥l1ni Wils
regigiered as a CIO. TSie Mu¥euiii c(Mnpri5e% nii IlTre ¥roiind ficiui a gift shop aii(I thiee di.%playlexliibitii)n iil¥aS. I'hr fJJ',81
flooi. conlJiilR Iwu fiirthei. di8playlLxhibilioii areq5, alld 111e %e6'1)iid noor voi)81sl£ of woi'kroiJm% foT adft)iiiixtratioii.
eoiikervatioii work, I'c%earcli. sloi'age of ariefa¢ts 4nd digilal iinagiiig. The r&%erve collection 18 51oTed IÉ) seciiiE prniiges al
tiic otyices of the Sli¢rboiiie Town CoDiicil in sh￿b01￿C.
Tlie Museiiill is iiin by a voluiitary 13oard Df T￿151¢￿, who 8ppoiiII OffJp.o1% on an #iinual basig aiKI a c￿l.￿lor oli & peniianbiit
basi8, attd other in¢inb¢r% as Liiid wlicii i-oquired. All in¢nibei% of tlic Ijoiii'd are TI￿Ste£8 of thc chatiiyi F3oai'd iMI'¢ijii&% re
held at Ic&st EV¢iy 2 IM)iiths. Shoibotne Mwum wa8 ILgi%tercd a$ 8 CIO by Ilir Lharity Commi891011 01) 5111 JaJiii￿1Y 2018.
The CuiEtor is delcgaled Iv gejici￿l1Y inaiiage tht LUllllItIB of the ii)iistuin oil a day-lo-d&y ba%1%. iiicludiiig publi¢it>' aiid
re¢iuilinetLI. aiKI holds rc8uIRr iTht¢tittg%lbtiefiiigs with of volui)lary workcrb. Close ¢QDtyCt is ingintrinttd witli Diliei
volunl*ry bodies anil cdilc4ti￿ts1 e£iablishineiil%, and ev*ni% and aciivilio% arc orbpanisul 10 nurlurL' Ili¢sc liiik%. The CurDlot
it also guided by a Museum l)cvelDpineiil Otricer and Mentoi- niaiiitains linkq within tli¢ herita¥¢ .4cclof includirtg the
Nortli thir%et Milseu￿$ Gmup? the Dor6et Mu8eiiJYL8 Assorialion, Ihc As£oGiatiort ofindewndent mU￿el￿nI IAIMI, Thc SW
Fcd¢iatkon of Mliseuins 4iiid Art Galleries and tli¢ MEisciims Associalitsn, by kittcttding meelitEg4 *iNd woi'ksliops 4n7nb>ed by
tlitsG bdifk¥. Tlic CuYatoJ' impatis iuforniftiion on the standards ne¢dcd to A¢¢irdiiaiitsn froi)i Art% CviinLiI F.iigland
alid enyurcb adlI￿r￿ce ID the Miiseumb AssocI￿li￿n Cod¢ ol. F.Ili1￿. T116 Ciirator also arraiiges tr?Énii)b, foi" Mu8tuin
volvttte¢rs whol'e apwL)pisat¢.
Public bciicfit
Tl* objtLtives tsf Ilie mL￿¢u1Tt as 51&ted in oijr c.i)[￿liti1(1o1l are ds tolli?wts:
l. Tci adv&h¢¥ edLkLalinn foi. Ihe publi¥ bert¢fil, in ￿lYlIGi)li1r bill iiol exLltisivcly, in ihe liislory L)rthe lown r)r Sliei'bome #lid
tl* 811tt0unding aiEa. ItR hei'ilage, notiiral lii%tory aiid ciilthr¢.
2. To provide aiid iiiRinlair a niiiseuir at Ilic IlTOPOry kiioivii as ilie Abbcy Galelioiisc iii Cliur¢h L&i)e, SlkriH>riio ov su¢li
to collect. boiTQW aiKI lo￿ti collettiotts relatirtg lo th¢ are&,.
to InanaEe. d￿'￿Illent, coft%eiv¢ aiid safeuiu8rd th¢ miiseuim collLclioii& al￿ holdiiigyg
t9 C-Alikbil, Int￿pit[ aiid provide &c¢es& to th¢ mii%eum ¢ollecllOIIS Eli￿ holdiii&%'
to prowide Iciiniiiisexperieiieex aiid a¢livitie% for tli¢ publi¢.'
to piDvide exhibitTDn¥. cOnf￿￿￿ee$, w()rk$hO￿ aiid otlicr cvenl% both on- xiid olT-%tt¢',
to rcseurGh4 PTUlI)olo and piiblisFI &lLidie¥ trf rhe area.
3. Tn und¢rtiilLe any Oth￿'¢I￿rita￿l¢ PUlT)04e.
Tli¢ Triistees have du¢ regard lo tli¢ Chai'LtS£5 Coitkiniss%oty giii1151Mce on piiblity beiicfit.
PaE¢ I

Sh¢J'liorne MuieiLIII
Report tlie'l'ru$tees
f(br th¢ VLb*r Ended.31 DLcernbev 2023
ACHIFI VLI MCI NT AND IbEIlUPORMAIYC
Cliaritablo hctivlliès
The iiiLiseiiiii WEiS opcii froin Fcbruaiy lo MaTbl) on winl¢r vpLYiiiigTr IIOEIIT ￿1nd liuin Apj'il to Iiiid-Dcccnib¥'r iii 2021. A i(Ital
of 7,0%2 Visitors thigagcd with the iiiuseuii) diii'inb Iliis perio(I, incliidingT 5,IC)5 *idults att(1832 bhildiLn ivliv to vityw ilic
exliibiti¢iis' whiLli del￿{)11￿*1.*￿¢¥ R 20Q/ts InLr¢ase in iiitiiibeA7 Lumy,Throd to 2022. Atiend.IllLQ Al Ilie Wiiiter Talks l)us &ltcidily
inLI'&is¢d, a5 lias tt iiew icain'5 oiIIILach lo r￿￿idelIti1il ￿1nd rl hDiiie%, r¢sLiliiiiu In 1,171 people ilikTHg¥d, T]iYec Incijor
lid1￿}ser cvenL%. 'R¥Elagiii8 Ihc Pa%l'. lh¢ Sloiy ol. E.Ti.%loriLal Pagv4iilK" (May 16111), 'Tlic FIislory tkf Il Rolld.. Piiifvrd Lanc"
(I lili Oclobcr) aiid 11)e niiistum's aii)iu#l *utlllllll qLIII. LoiilI'>l?ulLd io tlitt8e figiirc¥.
We recesvttd visiL% fi'oim Tli¢ fiiyplithn aiid 8roiii)s of tsveiyea¥ slitilv.nl.4, til%(I d &I￿LIp ()f iiluiiii):
rr01￿ Loi'd Dibtby's
School. A pr￿￿￿?12t101l &?ivwi 011 Pdck Moiiilay Irtt(li15Qi)8 Its IhL LlTrilclrcii ol. Sh¢YboimL Priiiiary Sbliuol. Fccth)ack
Lallici'rLI 011 pi.evat￿(l furt]is pt)$1-Vl8il iiidibaled wc aLliievLd hi55h sui¥&q oil i>r<Fvi&il LomiiiuiJi¢alioi).
I￿￿rilli148s.
a¢hi¥veineiit tbf IgarninL¥ objttL'lives aii£l eiijoyinenl. Thts l(Ydii& b1)X￿ Iwv¢ proved pcwiilar. witli Ilie Rotnan. ViLlai'iaii.
Egypti￿￿, Sax(iii aiid PrÈ.hislary boxgB biirulatinK to 8¢1)0o1s in Sli¢rlJai'iie, Tlionilibl'll, Yeliiiin%lEf dnd Yeovil. ax w#ll as
Willcanlon Aiid Powersiu¥k, again willi liibrli scoie4 011 fL>tdbuLk 4iiid usLd by appi'tixiindlely 225 *litdwii% ovor&ll. Yol*l
pIIysicRI ligers of the Inu4eiiiii weie, tlie*etDre, %,703.
We h&vB C￿￿MIlted io followiiw goals %et by Iko pirvioiis ycai q AudiciKe Dcvelopimesit Siiivcy ai)d rlS.%u¢lI liavo widciiiod
our off¢r of fret family friciidly evwil.¥. in paiticul&i' M￿sY MoiidAyS, willi Ilie aim of cn¢fiurllgiiis Ilio8e froin Inoi
di58dv#iitwd iii lh¢ towii. We hav¢ al.%0 opeiied oiit voliiiitcci-iiig ￿p￿illi11itlL'S partlCLilai'ly IT8ai'di1l8 SUPPDrt roy
thtsc rvcfiL%, rtsultliiLF ift thre¢ youiib* gludeiit8 fioi)I SheiboYn¢ airl.%' bctr.oii)ti)g vDluiiteers f%>i' spccitic (la￿8. A wo1*
expLI'ience studeiit froiii Ycovil Colle&?G atluid¢d foT a week Tn Iho .iiimm¢i' and ufteThvÉkl"ds betanie parl of the Tcgiilai.
froiit-of-hou8e ieain. He ha&. IKJW becomv tlie mugeuni's fiiJl YDiith Trustee tlJ¢ Biwé.
PollowinE tlie OiyinisatiOll81 H¢&lih Check at Ilic close of 2022, Ilic Boord de¢tile<l to foLiiS on ni&k£ting JiJd fiindrnisiii
straleLljQ%. whilc cottiittuing lo wark on %ii¢ccy3ion planiiirtB. Vicky de Wit, Ilie Musuims l)cvclopinettt Offjccr, will ¢oiiliniie
to w]pporl tliese ¢nd¢avoiiiF,
A pi'i)jeL'I "I1111ockiiig Ibe Aj'chivcs.. Dtkitising the David Hunt Coll¢c(ion" wll8 ingtigaicd to tniike over a thuiis&lld glfiss plat¢
ne8alive5 to the piJblEc. An appliLait(Jii w'i% mJd¢ ftsr Dtsrsci C.(11snLiI 8cLliun loci lunclill85 rcsiiliFng iii a giant of
£19,O(K) tu ditsj jlisc i)latc¥ lln(l Lnuke 11)eih iivailable on a n¢w w¥bsil¢ IksiBn¢d by Towitswtb ArLIIiviiiL. Thi6 wsll link to
oiir ¢iistuig we￿It¢. A teoill 12 volunle¢i's frviii thty oY>iiiiniiiiiiy hfif 8 been assotiibled lo L￿tRI08l1¢ Ilie les iin(I providc
bo6iv toy the slit, Tiie platc% Ilieinselves wsll b¥ bci)t to Dui'6Lt History CLiitri in phy%iLal diid digithl fvi'in.
A gTI'aiil of f.1,0￿ wa% rL'LBivth Irviii Soiiih W¥¥1 M114Ciitn nLYI'.Inprncni wilh A115 CI>iElI('.il F.nglaiid Iiart i)f lh¢ 'On
Displayl iiiili*tive to as4ist ITr Ilic knxliibilson aiiil (li%play 05 di￿S¢ll{l fTrl)jebl%, Tlie In￿101in1 L'h￿sC ￿lI hi%ts)riL Was￿$, ne81 r()r
Ili¢ projeL'i aiid tjiis con%¥ived al tlie C.onsLI-VliIIoii diid A(Ivi%ory SLrviL'e, r_'liippoiihiim. diid d bLspoke Laql aL41151-cJ
ryoim Liiinina. Tlig ncst will 1?e cxliibity'cl ill tlic iialiiiyl hislory gallLYy fr()i11 2024 And cliildiYii'% thL'tivilicli focii8lllg 011 wfLgPS
aiid bi()diversiiy will b¥ slipporled hy Rhi¥ii Ili?wY)11, a Liirsjlor froin Bi-ist%)l Miiseiii)i & Ast GÈ111ei'y.
Tlie Dni%¥t C.ntillri1 f.LiliiirHI 811p￿rI Cii*iil WaA &IEO Itici-en￿d fTIMll £5.000 1)er 1¢) £lll.000 foi. tlitt ii¥xl 3 years afle¥ *
re-appliL'MtIoii Iv￿ Illode. Vigil F.ii¥liind a￿￿17￿ nwurded oiir Visilur Allfa¢li()ti Qiialily Ayxiirnnbe IV AQA.$1 lilaiidiiiyl. with
re¢oiiiiDei)dalions foi-2024.
In toriiis of th¢ Foiwnrd Plali, %¢v¢r41 lonu-term goals arc beiiig addr&35rd willi th¥ cii8ageinciit ol. Pl)Tlip I Iiiglies As50ti#tcs,
firm Df biiildtn¥ surveyois aiid arcliitccts neai. WiiTrciiiitoii. wl)o toimpltr.I14 tlicir coiidili0115 a￿￿L￿17)e11t iii October 2022, olrtd
have pif.pared a Irpoit aiid priority ieDair.% It%t wl)ioh will I'e801vo Iiiaiiy ot. tho biiildiiius is£ue$ Iliat liave bocn
nuigthiidi1)B. A pmfpR%in1121 buildiiig inftiiitciianco plan lia3 b¢on di*wii up, reaffirinii)g tlie Muscyni Boar(I'B coiiimiliiioiit to
its GiJd¢ 11 li$t¢d buildin& We &ir a13D coinimitieol 10 Irdi*it)g ouc ￿91'bO17 foolpi'iiil aiid itt¢oipointlVbY oiii. eliV￿rOn]?1el1IqI
Dnlit.ie.s ii)¥o thc E.verydlly iiiiini1￿ of the miiseuni. A TTllat¢c h&% b¢¢ii appviiit¢d as Lilvil￿i￿iotst Ethd,gii%Miiikbility Officer,
to ?KamiiJC ways of ct)eixy Raving and kn ii)vesli81( le greeii iiiitiati￿ ItWJllLii¢nded by Iliv u¢GIor.

Sh¢1'bor￿e M115eiim
RL'POI't of tlie'frtJStc&%
f¢bi' the Ye:Ir Fiidtd.11 DcLeiAbep' 2027
Thtr iniinediatv iiilieriied ba¢kloLT of aCLeEsiaii% ha% bce11 procu%%ed. The oiigoiiig dttacce%%ioiiiiig plo01￿in1]1E bcgTLIII ill
&ichivcs, boukts 42iid tcxtilc% will Yc8ult iii niore resilieiit aiid Irl¢vaiii Lollceiioiis and ihc proces$ will ivi(l¢i) to ii)cludL olhcr
collcctiOTk%. A% docuiiiciil81ioi) work contllllTC5 Ill(￿ loiitsTr.slaLidiiig arlcfacls ar¢ l)¢illbY revcalcd that Liilici. liad not be¢ii
acce%sioiied li) lh¢ Iirsl iii%laiice or which Imve bwoiiic divorccd fioin Ih¢ii- occe%sion nuinbGIB. Tlii% pi'oblcin 1% slowly bciii
resolved.
Thc mu%euin otsiliiiiiies to btyiKfit froni iiwiiibuship of th¢ Notth Dor¥d Mii%¢un)¥ (iiuup atid tho DoiTCI Mu%ciiiii%
A88￿latiO17 iii l¢rniE of i))ulu&l i)ubljLily. SllPPi)i'l. %kill-%hariiix 81)(l &ilviec. Wc alho if¢GiVb &dvÈcc Jnd training (Ipi)orlLiiiiIIL'S
froiii Ilke A￿￿o￿lation of Ind¢peiideiil Muxciinis IAIMI aTKI (ho 8oiith W&st Mu%¢uin DcvclopiiiLllt Pi'r>uiiiiiiic (SWMDPI
d D￿8¥ aiid Tcxiile 8pociali¥l8 IDATSI. Wc algo 4uicl a reEulai' iil1oii(Icc lo tlie SIILibDriie Toiii-i%ii> foivin and lJav¢
b¢coin¢ inejnbers Df lh¢ ShtrboJii¢ Chamber ot- Trad¢. R¢i)IEscnllltives al.8Q Itxul4Yly cillcnd ilic An￿￿1& P8ris11 M¢¢liii8 sn
thc town.
ir wcbsitc aiid 118¢ of 50citsI mcdJ<i 114$ beets priiised by Visit Enb?Inn(l. Oiir viitiial auiliLIILYS tiun¥iEls ol. T.579 follower5 on
FaLLbook. 2,553 011 Twiller 722 011113%1akry?m. (hir ncw wcbxiie degiw)ed by Kev￿ Swind¢ll of Wykc Creative w¢nt live
Lti tlie of 2ai3.
Oiir r￿erve Lollectioiis u)iiliniK' lo bl IILld Il)0 CuuiiLiI PiLmitsLs clt Maiior Hou8L ii) N¢wliind. Slicrboriie Tomm
CnuiiLiI 11É5¥ also kiiidly aEreed I1￿ biiildii1￿ lo 4¢É El% ILmp(Irilry rL'ptr%ilory fiw VLilii¢izble Éloins sliuiild LinLI'guiLy
I)CLLIr.
Mcml)crship r¢vi6w
Meinbei'shi}1 siib%ci'ipliQllS arc a vital coiilribution to oiii. iiicoine, ai)d 111eii)berq ciijoy vrtiious btsiicfits. iiicludiiig frcc
iofjur.%¢ri&8 of Wintet Talk%, & biaiiiiiithl i)eiv.%l¢ii¢r, gce¢ss lo regeartli f&cililies aiid discouiits oil ¢¢rtain ovciil%.
Iii 2023 wc sainod 21 inesnbeis. Wc lost 10 throiigh de&th, caiice15atioii or iioii-llic ymLnt ot. fctt8. ()iir to￿] nienibcr.sliip tt¢ the
end of Z023 w&$ 173 excecdiiiB our year*iid fitsiii'es foi. 2022. Tlie caiilinuiiig incivse in iM¢iiibers 1% lai'&Tcly due lo
romolithi Il)rou81i WiiiteT Tallis aiid tlic JreiuihTreni ot'iiew %t¢wAr(li% uiid oih¢rvoluiileei'¥.
Pllge 3

Sherboriie Miiseum
Repoi't of thL I'rii8tees
rTrr the Ended 31 Docember 2021
riNANCIAL REI viirw
Tliv Lliaiily %litil)oii* Mu5ruin wos foiiiic(l aiid enteiEd onto tliL Rcbister by Tlic Clidrily Coinlljissiiiii on 5tli J￿￿l￿ary 2018
6 J Chai'itllblc lllLOfP()fdtL(l Orgyai)isalioii ICIOI
A1111011gh oui. iiiwinE is liss Iliaii £25Q.OIXI IIIIS yLnr, our bwiints l)llvc Ix'Lii pr6p￿ired on cll) %iLLrual IkTrSiS lu bc Lwnsitsl¢iil
willi rLwiil yvoi'.%.
RL'Str5Ltcd ICapÉtAlI fiUlI(i- fiJiiilnivmcnt Full
Tliis, logetli¢i' ￿￿tIl Ilie oil)er R&4ti'ieled Funds wei'e lliid coiild only bo li￿￿￿ferred to SherboTiiC Museum Cixmn Sh¢iboti]e
Miiseuin Associalltn with the &anic i'¢srriction% a% lo iigc apylyiiig. Tlie c*pÉlal iii Ilie Restricted {Capii#ll Fund caniiot be
toii¢hd. Th¢ li￿OMe g¢ii¢i'8ted fi'oin tliis capital In￿Y bc sp¢iit, but oiily lo cotttributc tOlV8Ld% Illi Cost of w()g¢q, 581&1ie% and
Thc fillid, ch3h aiid inv¢slinent$, WL8 valued Ht £34,85¥ at the ¥i)d of thc ycar.
Restricted ￿lAd$ IOrdinAry)
These fundb r¢coirf the doncltionslbJMtIts i'eL'civ¢d Jnd expcn(liture invurr¢(I foi. 8pccifiL pL￿Jec$S.. tlicso muni65 a¥e not
availabl¢ foi. *)ny otts¢r i)iirposes aiid includc tlie Honuiai'iiiiii AccLiiiiuliitiun A¥couiit, to which itmsine Senoralcd by til
Honorariiiin piliil AL¢ouiii, bill not used, i'unains tyre<iitLd.
Once any %cevunt wiihiii Il* R&%lricled Funds Iordiiiaryl ¢gl¢gory se1'vLd Tl8 PLifpo%¢ ￿lI7d b¢en si)¢nt in fiill we will
conlillue wiul oiir p()liLy ot LloEipg Ilial *ccoiint.
Tli¢ fiiiicls For t1￿ HoiwraLiUiYL Accuimulthlion Fiiiid {Lash & inv¢slin¢uls) al Ilie crtd (>Fihe year st4)OLI L1t £I.1,515.
Tlie b8l&nce tsf fiTrnds hLILi li)i' otli¢T projecLg Ino inve%lineiitsl wliicli inelii(les bThil) the CoiiservatioR and Ciiratols
loiiorariuin accoiiiiig Ineiiliuied above well as fiv¢ others lotals £5,551.
De5L%lIHted Rtsorve IEunds
eeouiits witliiii Ihili 2iDup arc iii th¢ iialure of Yegeives ￿'t a8ide by the Tiuliiees lo nicel aliticipa￿a liabilities i)ot yet fully
kiJowLI. Altknugii th￿¢ Iiinds are i)omiiiutod IOT xpp.cifir purpos&g. Ilitir actiwl 517¢. oi. disposal aro ￿)lirclY at the
di￿r¢(lo￿l of IlJoTnixt¢es.
Capital Ifquipmtritifmprovement/Acqllisitioii btind
iis fil￿d is 115ed to bLly oi. rencw eqiiii)mtiit drtcfaLts wliicli Rin(Icd clsewlierL.
Thc b21klACC #s al Ihc bnd ofthe y&?r being toliil ￿7$11 inv¢slill¢iil¥ wft% &*t(?.481.
M#JoJ' RepAiv Vund
This futid lias beeii ¢i¢aied to ¢Blabli81i a reserve agsiiigl Iht cokt al￿ expeii%es iii ruiiiiiiig Ilie flat, tl)e *118iirgnce. and repgir.$
ro the 8tnJ¢twe, wii'iii8. he4ling ￿ld iiTrajor i?liimhiiig of #ll ouv buildiii8s, the target being 3.5Q/y of Ilie ii)suied value ot Ilie
buildings. Thl biiildiiigs were pi'oft%sioi)ally valued oll Ii?118fer to Shorbomc Ivfiiseuim aiid Illl estimated replE?¢emct)I val
wai sivoii a$ £850,U(K>. fi￿ lai'gct valuE of tl)is funcl is t11eirfore £29,750.
The iii¢oin¢ &riY¢d frotti tli¢ fial, fv)geiherwitli dividothclg and iiiier¥￿t ate paid diiyct iiito Iliis accniinr.
T1￿ balaii¢c atyenr-thiA, ijicluding iiivo4tm¢iils. wn% £50,464, 111 excess of Ilio larg¢t 3.59..
Following tho rr¢oxwiioDdAliorJS lliven in tho Conditiort Ren(Mt conducttd l)y Philip HiJulir.s As8ocia￿￿. and hiitsdful t)f oui,
resooiisibilily in mainiaining Ilip pJ'op¢rty. some 4igpnificuDI building works havg b¢%en cllrriLicI out Èn Ili¢ Inu%eiitD tEthd ihe flthi,
A Df fuTII)ei' wvrkg and Eeiieral iniiin(vnance planned for 2024.
PJge 4

.SlIerbor￿e M115oiim
Report TrftliL Trustee8
the Ycai. Ethiled 31 DeL¢mbtr 2023
I'lie Miiseuni EnlinncenientFiiiid
Thi¥ is ￿ fund tliat SLt up with th¢ GiY¢r b¢qu&%t L335.IJOU and ill i% 10 Illcikc lllrLJL sciilc iiiipiDvciiicnt% to Ihe
iigLum. Thc nioney is in a CAF aLcoiiiil Bfi(I currciiily Ilic iiiain ex1￿11￿c9 air adittiDi$iidiive clll(l liiibb'otiti'￿ct0r ¢0511,
iiicliiding il U)ntrdct for Ilie Cui¥lor tbiil rcfltcl.% thc incl￿1￿Cd workloiid.qlK 14 Iin(l¢ittakiiiu.
TIIL tund balancc ils Llt th¢ eLiO of ihc ycai'w#$ 12()5,570.
C¢EILir#l the day-to-dRy riillninky th¢ museiim
year w&% L414.21lJ.
Bil£iii￿.5 Rale rt5i¥f ttf provided by Duysci Couiicil hL,Iped glLailyi a% Nv¥ll &% A L5.noii Dorsel C.oiinL'iI iYveiiii¢ Lkrant
paynieiit. Thi% gyi-dnt payiiient will iiiLre8%e ￿ £lft,(K>D fiDIM 2024.
Tlie fviid b￿lerited ihi8 yeAr froin li beqiiesl of Ll,000 dTid In¥1￿%¢ iii don#Éion% lliid TEtiiil salcs. All¢iidEil1￿ #l Wiiilei.
Tt¢lk% aiid olliei. i)ubli¢ eventx w&% significantly higliei. 111 2023, providittg a boo%t to iiicthnc tliyouuh lick¢t aiid
don8tlOnS.
fyryxed Assets- Builflings
The biIiltliiikyy Liwiied Liy Ilie Museum. in¢lii(linbTr Ilie flal which ig l¢t lo %i piofL'S%iLTrii¥I pei'.%vll. were prof£%%ionAlly valued in
Mairh 2018 41 £370,(WX) cslimaicd n)arkotv&luc £850.000 ¢.£tim#t¢(I IEplll¢EmCllt valuc fDI' 1n%ui￿nCC pill1)￿les.
Th¢ buildings in¥uird toi. Inor¢ thc ftill re￿MnIend6cl replaeein¢ni valiiL Itl £960,098.
Ilxtili￿￿, fittlllg5 gild fquipineTrt
Fixliire% di￿ fTttili¥S ill'¥ dtyprcLi&led Ihe ill- IOO/rt l%lr£llL>lit liiie) per aiini￿ln.' cul￿,1?1 £1¥,698.
EleLlriLal ileiMB cornpiiler% 111¥ depTecialLiII at tl)e Juic <)1'20Q/. l%iiciis111 liiiel p¢i' annurn.. ¢iii'r¢*it value £l,.S¥().
- Thg coinbiiitxl book valiie coin&4 Lo l?.n,294.
IRvostfftent yoliLy¥ {￿Je¢l1ve$ &nd perfoi'illoiie¢
Sonie of oui. %uiy)lus 1% hcld with Ilts¢ Cli&rili¢: Official Iiiv¢slnMmt bliii¢l (COIFI L>¥po%it Putid accouiii* ill tlic Cliurckcs,
Cli&titits *iid Ltseal Auiliol'iii￿ ICCLAI oigaiii£&lioii. Raiik iiiicrogi ib now oiily piiid Dii tlie l)cp(Isit biincl clCCOUlI(%, wliac i¥
dccicth%¢d throiibih()ul the ￿1.
Our inv¢slmuit% hcld in Fouity and bixed lsiigrest Piinil¥ lit Ihe CCLA.
Of ihL total liqui¢J a88C13'. 660/D LUnEtiily in iiiVL¥tn)cnts whidi aiL &plii betwcen Élle Eqiiily ￿Illd Fixg(I Inleir&t Fiinds., 26Y.
air in ittteresl-beii riiig insI￿l￿r ￿¢¢¢s$ accO￿nI% aiid lh¢ rem8itJingT 8'A oui. Lutrcni dr.v.i)iini.
Th¢ invcsttllU*lty l)¥tv¢ donts w¢ll ihis y¢oi', wiih 5al¢b value incmstr of £8.425.
Pagc 5

Shei'boviie Mu$eiiin
Repni'¢ Trf tlii Trts.%tLLS
toi. tho YeaL' Endcd 31 Detenil>ii' 2O23
IINANCIAL kli vifiw
Reservef* pulicy
Rcsttvts aiL I'Cqkiir¢J iv Li]SLlre Ihat reSOiIILC8 iiir iiviiilablc so that the op¢rd1io￿1I Vi11 biliiy of tlic M15SbUllI Is Iiot pul in
jeopiir(ly by:
IlaniagL lo piopbrly lic)( covered liy iiisuruii¥¢ L.L. rci?aiii rc4UIILcI duL If> fiiirwciir & ltyoi-
pwdiKtioii ofii r¢xeiplod invoitc for wurk dr>n¥.
Tli¢ Tiii%l£vb liavL klLloplLd a pi)liuy Ic? &¥1 *%id¢. wlie]i¢ver N)%8ihle, La%1) rew11r￿ iiilo DL%iLiiialed oi. Dil*i' Fiinds f<>i' t1￿￿¢
and i>ilw' wirp()%es wl)ei*v8Y they aYL' idenltfittl.
Thu CIO Iiax fi.et rcseive% of £23 (J45 a% at I l De¢emLL'r 2(121 12D22.. E21,1711, Trie Ini$lLL% fOI?sider Iliis leYEI ()f reEerveg
to bc .%Ufficic￿I to dclivei Lharilgblc objectives fiii. Élie iiexl tivLlve iiioiilli%. free Ir8cNes ¢lre cnl¢ulaittd by dcdiiciiliu fJxL'd
0￿cl£ fron) tlie uiir&8tri¢tcd llliid ￿J￿c#1￿1lI￿I1¢d) ieAerves Iicld the year4nd.
S'I'RUCI'URE, GOVknRNANCLI AND MANAe.LML4 N'r
Goveriiliig doeiiinenl
RterultmLnt apynilltTri¢nt new tiwste¢$
Tl]e chsLrity follows 811idlliicc I￿￿￿¢d by Ilie CliaTItiCR Coiiinii%sion witl) reEai'd8 lo MniilmeTrit hd trniiiing of ai?y Iiew
tru￿t¢c5.
Ke}, lilli IIIiEemeiil YemuiJErali(b
Eli8nbcih iaicl%uc r>oid (aial of £14,C)aO forhcy seiryicttg as É2 cui¥lor.
Ri8k InaiJR%eMent
The IrLi%lcL%* liilVI duly tt) ideniily lind revKw ihc fiSk% t(> wliibli i1iL CIO 1% cxpi)scÉl dii<l li) LIKturL% al)pN)prialL ccinli'ols arL
ill plnL'L lo piuviLIL* ro:I%Olldblc H%%iiI'￿ncU clLdlllSt liiiiKI ￿11{1 ermr. Risk a*SL%%iiILiils arc fL'Lilliirly L4rrid ()iil willi rL'8oid lo Ill
Lo11(￿lI￿lI￿, b¥lKbDI vis11¥ &iid IEMliS Ix)Acs.
l-li¥ -fwsl¢t8 wiisiLl¢Y thal tlig iii>riJiul ri4kx i)r d¢lli)#¥c lo biiildiiiki% aii(l É>lhei' lantsFible asset¥ lie10n￿￿o￿ tl) Ilie Mii.4viinTr
iogelhe.r with piil)liL and Iliitd_paiiy liRbiliÉy dly d<lryiilllely Lxivere(I l?y iii%iii'aiice. There are effLILtive lill1-￿(ILl. dncl lire dla1'111
y41eJii.s iii$Vdllcil tyiid fire exliiwiiiglier¥ p1aL.￿d in i)o%ilini&% recorniiieiided hy ￿￿rIS￿l()I)dl5. 'll7&￿ dit rek11il￿i-1y ili%PEL'led
m*iJiidiTrcd, Tlieye is dl80 a %y%leni IT% opernlioii wher¢hy ilie per8011 ill IhL bilildi?I￿ lia% [() %iuti oiil, ¢crlilyin&i Ilijl 411 lire
doors 1f re pioperly ¢lo%ed, window4 %liui wid ele¢tri￿1 appli12nc&s Pro￿TlY i%olalecl bcforc ￿*(¢111¥ Il* yniruder alarn).
Thc deac¢e4%1th11iiig prOgt￿mIn¢ tiisi¢vÈs '¥oud lioii%ckc¢pisib' lak¢8 171$cc lo enablc it%￿>11S1￿le ¢ollc¢tiiig in thL fvtlli￿. li IH
iiided by Tli¢ Mug¢iiiii% Associ&tion C'odc of Elliio8 50 Iliat the 111￿C%8 is complctely ¢rnn.*pa￿,11t aiid Iw8 tljo Bo&ixi'3
ppi-ovpl.
REI FCRCt NCE AND ADMINISTRATIVL?. DETAILS
RoRl%tCl'Lid Chsaylty
176535
CliuiL.h Lziic
Slierboiii¢
bTLP 311P

Sh¢rbuYiie Mii%ellm
Rtpfrrt tb¢TI'u8fee*
foi. thc Vi'fir Endcd 31 lknmbtv 2027
'rru5tees
G L I,ewis
Ms C Fr¢ui'
G C BLnd¢ll
L R MDuland
M% a Gi111ilnol￿ IrC%1￿¢d 17.10.23)
G Moiiis
Ms L BliiekÈliortJE {appciirttcd 23.1.24)
O Yuuiig1gpiJoTnt￿l 20.11.231
K Bthitsu-12￿l)l]oI1Itcd 28._3.23)
R IlowiMcr{tsppthiiit¢d 2r).11.211 IirsigMc(J 28..1.241
W4id <yondiiiaii
4 Cedw Pai'k
Cobl)ai)) Road
Fcrndowi) liidii%trial E%i¥ie
Wiinborne
Doiset
BH217SF
Ai)pi'ovcd by orderof the bUal￿ oftruxtC¢S all
niid %i8iicd itli bcliaifby..
L R Mouland- TrusicL

Iiidei)¢ndeiit Ekaniiher'% Report *Tr the I'i'iE$t¢¢% vf
hei'boi'iic Mii$ciiiii
Indci)endcnt examiiior s rL'PDI't tTr IhL trusfeL'$ iJf,qlitYb(brlle M¥*L'III
3 5 Deteiiiber 2Q2.3.
11@spon¥ibilitie5 £tttd bsgls of repTrrt
A% tho Lliarily liu¥lees of thc l-lilbl you l(r¢ rc%pi)n%iblc for IIIL pi'¢parali<)ii of 111¢ dLLOltiitts' Ill aCLOI'ilancr with thL
requiiunciiL% of the ChEiritie% A¥t 2011 I'thc Acl'l.
x)rl in r&%pcct i)I' My Lxiiininalion ol tIiL Tiusl's accuuntb coi'¥i¢d oul iindci. Scclion 14f of t11￿ Acl diid in c*ii'rying uiit i)iy
ex42ln%kithlion I hiivL fvllowcd all applicablty Dircctionb Biveii l)y Il)¢ ChRLlty CoJiiini&%ioii iind¢i' Swlioji 14515llbl of th¢ Act.
¢x#iniiialiOn ¥%viiig nie Lsiuse lo believe Iliat iii aiiy 1siRteiidl Ir.4p¢¢l'.
acLoiinli*bA r¢o)I'dg were iM)t kgpt ffspeLI ol'ilie-fni￿l JA re4￿l￿d by Seu'liii*i 1111 (>l'ihe Act: oi.
the aLCOiilit4 do iiut ki¥coi'd with tlio%e iYcoid4' 01.
f&ii' view wlii¢h is not a matiw. coiisidcrcd as part ol'aii iiidttpcildoiil cxui7iinatioii.
drawii in tlii6 Iri￿rI isi order to ciiabS¢ a proper lil￿e[sIa￿dills of thi aciv1i￿ts. to bL rcaclwd.
l M Rwjd Bsi fcA fccA
Wdicl Goudiiion
4 CLd4ir Park
FLnidvwn SI￿lIst1.1171 Estate
Wiinbortte
BH217%
DalL
Pllge 8

Shtsrboi'iie Mtl5eiim
Sl%rei¥ioiit DI fiinaDci¥l ActiviliL'%
f(Ir tht Vtiir Ci JidL'(111 DeLL'inbL'f 2UII
21122
Uiitc%iriiicd
fund5
Rcslrictcd
fLind%
INCOMF ANT)
.ND()WMINTS FROM
r)on',Ilits11s aiid I¢¥TaLiL4
13,.378
2D.592
2?,495
Othu. lrncliiigi aL'livitiL's
g,(F94
2,09.3
22.685
S%,Ci13
37,1125
I XPI4NDITURK ON
Rthi5il￿1 fi]iids
4,504
4,504
1.874
Cliarttablc RLtivitlt%
Chiiiit8lilE ALlivilies
52,435
1(),5Y5
(19.0.1
60200
5(),93()
1(?,595
62.1174
Net gatt)sl{los8csl tsii investiiitiils
1.594
2,524
R,425
114.fj3(71
INCOMEiifiXPCI NDITUREI
116,7D41
7.684
534
2,524
16,4(?()}
{3().51151
'rraJisfors bL,tIVLTrLn fuThtls
12
Net niQVLinieiit lil tiind8
117,238)
,218
2.524
ICi,d961
{39.5851
RECONCII.IATION OF
FUNt>s
ToLil fuiids bititsglii li)IwaiYl
825,349
32,334
118X.511
92%.116
TOTAL fuNDS CARRIED
F(JR WARD
19,OCI6
88%,S31
TIJC linlo% foiin part of tli&8t fii)lli)LiHI sthreiiieiits
PNgL 9

Slitrboime Museiim
31 Deceiiibci, 2(123
2023
2022
Ilcsli'iLled
Ffidowihcni
luiiiL
rund.%
funds
FIXFDASSE'rs
Tangible
InvL%tsnbnlq
390.294
31X>,294
114,835
395.84f)
21.878
34,857
448.394
21.878
34,857
505,129
502,25()
CURREN1. ASSETS
2,082
74()
358.21K)
2,11112
74()
175,745
1.453
91
J85,011
Deblois
al bunk srs hund
.161.037
17.1118
37S,226
187,355
CREDITOIiS
AIMounl4 ffjlling within one
yew.
11,080)
NET CIIRMIINY Assfi,TS
359.717
17.188
-176.900
38(),275
TOTAL ASSETS LESS
CI,'RRENT LIABILITIES
39,￿()
34.858
11¥2.1135
888,-%31
NET ASSETS
-19.OCI6
8%2.1)35
88X.5JI
IIINDS
Unre&Lricled fiiiids
Re&IfiC(￿ lund
F[￿QW￿L￿t fundb
12
125,34()
-111,X411
IY.O(J()
34.8_%%
TOTAL fiUNDS
¥82.015
¥g8,SJl
ThL finanLial sldlements- wel￿, uppn)vcd by IhL 13ouixl i>l"fi'iiyt¢es und uuthoi'ised loi. is¥w' OM
Biid werL' ssgned lin ils bLhiill-hy.'
L R moul%knd--fi'u￿t￿
'rh¥ hole.s form part of(hL%e linanbial kliilL'liiC.nl
PagL I()

Slierl)orne Mii%ffliin
NTht£& ITr tIiL Fiii?i iicial %tfitLriiLnts
ffji. the YLar EndL.d.11 l)eLLmbei' 2013
ACCUVN ll'lNG POLJCICI S
Il¥slb ol'prepRI'ill% the fiiiAiicyxI %¢#temellts
Tl)c filiiiniial s&iieii)cllts' of Ihc Ll)ilTily, wliiLli is A i)ubli¢ bcnefit ¢iilily iiiidu. FRS 102, 1111¢ b¢Yii PlWrllL(l in
CLoidiillLe Ivill) the aiarilics SORP IFRS 1021 'ALLoiintinB fjnd RLix>iliiig l)y CIIArities'. 8hioinenl ol-
8(anilard appliiablL 111 the UK and l(LpiII)lir ()[ IILlaii(I (FR% 1021 ILtTwttvL l .laiiuary 20191,, fiiiiinbiol 14cry)orlii
I￿n(l￿rd 102 Tlic Finaiici.,
inv&%lniLnL% wliicli 11rL iiiLliidud al iiiiirkLI vuliiL', IModifi¢d by Ilib tL'volufjtif)ii i)f u6*fLdlll aS%CIS.
pi'obable ihat th¢ iii¢oin¢ ivill bu ifLCiVLd and tlity aiiiouiit etri bt iiic&%iiYttil irliably.
wliicli th¢ enlTrty r¢cowiii¢¥ as cxpeiiq¢$ Il)e relai¢d co%Lf foi. wliich Ilic uii)lts %irL iiil¥iiilcd la coiiip¢n%41e.
yxpendlture
Lt.thilitlQS 41re reLobTnis*I eKpuiililurL soon ab IlitrL% Is ¢1 logsil ui. ¢uiislruLlivL Ubli￿￿1*10￿ L4)Ininilliiibt Ihc Lhiiiily
f th¢ ol)ligllisnii Cali be In¢&Silr￿d i'cliably. F.xpen(Silil￿ is ac¢i)Iiiiled foi- 017 ii n ii¢LniJl% ba￿lS lTrJ% bLLII Lla%sifiLd
iincler hL4diii>q t11dl dggitgale ￿111 Lo%t rLlal¢d lo tl)G L1( ILLT(>ry. w1w1￿ L'(i%lq iklnlli)( bL clirL'Llly allribul¢<l iu ptii'likniila
l)eadiii&s they havL b¢cii ullDLlllLd kn &Llivilitts ba4is Lry]ii%islLiil willi ilie ti%¢ ufrL%niirL'L%.
ToiigiblE fixod A¥8tt¥
Fixcd air rEvi¢wcd annually fur ii)di¢aioi.% of impainmoiit aiid rcvalutttlolls rccogiiiizcd wlicrc tlicrc is
Inattiial diffeiEncc bciweeii an &&8ti's cariyiii# valu¢ al￿ its fair valiie.
irehold pn)pc'.rty is licld in Ihe aocoiints oil a rcvnliiatSQLi b&4is.
Witliiii th8 iithiis c%ieg()risul tsiidLY Pixtures *iid I'itlinb?% tliero arc Iwo ￿.5¢1 typ&4 w111￿1] arc Puiiiiliiir aiid I'iltiiig¥
r.le¢liicul Equipmtht, Thoqo ére deprLCiHteil ov¢r t1￿ v%liii)#t¥£l iiseful lifv of ilio Iis%ot ill th¢ folluiviii&r I"atos'.
Fuinituw Jn(I Pittiiig.s- IDg/ii str￿lshr liiit dcpreciÈtinii
ElcctL-Ic'dl P-qilil)mwit- 200h struiLklil lili¢ dcpiwiAIio
A ¢upil#li8*tivn polioy lia8 been sol by tlie truslce5 Ihai aiiy il¢ms OVLI. £250 iiiid wilh il u%ofiil cci>Jiomie lile [)[ ovei. 3
yeuis will b¢ ¥on8id¢ird foi- iapitthlisiilion.
Stocks
ni()vinKI iteiii%, tsii a FIFO ba5i%.
'rhe thArity 1$ ex¢inpt I￿1x all Itr. clwi'iiabl¢ a¢livitlL'.%.
lJniEstribwd L'an b¢ 115¥d IM ILLoi￿a￿L.c with the iliaiitiible Obj￿11￿C,S at U)c gli¥Liilivii ol'ikn Iiii%1￿,%.
R¢blri¢t¢d tund¥ can unly be 11sLd for portlLulor re51Fi¥tEd piiipos&1 Vatl)ill tlit vbje¢ls Of Ilio chllrity. R¢stricrtiortg
aiige whcii sptY.ifie.Il hy tlio doiivr oi. Ivli¥ii I'iiiids Ir i￿lS0d for ￿tr11clI117i. restriLleLI i)Iityos¢s.
Pns¢ 11

.8lierbvrJio Mii%eiiin
No¢cs tfb the Fingncixl Stateinciils- fnnfliiiicd
ror the Yeai. f4 iidL.d.Jl DL'cL'ml>L'r 2021
ACCOUNTING POLICICI S- torttiiilled
Endowinbiit funds Ilut LXPCLidabl¢ aiid ciny I￿Loin¢ &LLiiiniil&tcrJ Iri>iJi tlic Inv¢￿In￿ntN. held dir rL%liidcLI to Ili¢
Investini'nts
Iiivestineiits trlt ree¢)giiiged inilially al tair vDlue wl)iLIi 18 iir>rn)ally Ilie transoclioD pi'ice extludiiig 11¥1i8aclioii coxl8.
Subsequ¢iiilyi th¢y Arc Im¢a8iirLd At fgii. valiie willi Lliaiigol I'¢cogiit8cd iii 'ii¢l LJai1i4lltQS4Lg) on iiivc4ti)i¢iits in tlic
Slalcjneiii of Finaiioial AGliviti&% if thc slia1￿$ ar¢ publicly Iradcd or tlieir fair vJlw cai) i>ihcrivise bc moa8urecl
¢liably.
Co%li Rt b#thlL ¥nd in IIAiid
Cash at b%111k aiid c&sli in haTh(f IiicluclL￿ c)[ sh 21 lid 3hurl 1¢11n liiglily liqiiid iiivcsimcThl& wiikn li short n)alviiiy vf
Iliitc inoLidtso oi. Ic8s fruiii Ilic dalc Df dcqitiSittOll Ol. opciiitJg Thfilic (Icposit ur siiniliii. ilCCOUtIt.
Dolrtlbi's
.1 raclc aliLI Oll￿r￿¢blOY¥ [IrL r￿0￿11￿￿1 Rl IIIV bdi1ving￿l dinpiiiil di1¢ iillkni 11ny Iindc di￿0￿1)( i>lTLrL.d.
Pi'epayiMeiiLs a￿, y￿1[￿{1 ill (lir am(>iiiit PlLI)aid iiel ofany biicle di&cDiiiil.% diiL'.
Ci'edltors
CreditotE grc i'e¢ogiii8od wlici'o Illc chaiity h35 3 pl￿￿111 oi)lisY2lioii pewlting fioii) % pa£1 cvenl tliai will piotkTrbly
estima￿d I'eliably
OTHMR TRADINfy AC-I'IVITIWS
2023
2022
2,9_11
4,782
l).000
3.187
Kcnlal IIiLuii
Y,694
INVCI STMENI. INCI)Mr,
2011
2022
Diwidtii(t aiid kl*iik lJ)¢¢resi
10.930
4.836

Sliti'borne Museiiiii
loi. th¢ Yoar fi n(led 11 DL'Lcmbei- 2Q21
supi)oii'r c.08TS
GoVC￿lInlL
ChGÉ'itLiblL Aclivilto*
1,320
boi" th6 yeai. cndcd 31 DoLLniLKr 2023, Indcpcn(ILnl Lxaininu%' iol&llo(1 £1.12012022.. £1,081JI.
I'R(18TFfi81 RFMUNERATII)N AIYI) II&NEI Fl'ls
The￿ wLre 110 IriL$ie¢%' reiiiiiTrerAiioii (li. oilicr l)enelilq loi. Ilic year ¥nded 311)¢¢enibci' 2021 iior l()i- tlit- yeiii. e1x1￿1
31 Dec￿n}b￿r 21)22.
Ti'u¥tccy' Éxpenses
Trik%t¢H ￿￿oi¥¢d iriiiibuiyciiient fi)r exp￿ilL8 iii Ihc y¢ai' L'i)(led 31 DoLLiiibei' 2023 lvlal1iiig￿ £50512U2?.. £4351.
COMPARATIVES fioR THf si'A'I'fi.Mf¢.N'f ()Ii VINANCIAL AC.'fIvITifi 8
Unr¢slriLtcd
R￿1r[LIed
Biidow1￿c￿t
Total
INC(IMf AND ENDQWMEI NTS FRI)M
22.4()5
22,41)5
),(IC)4
9,(194
4,¥36
,6R(1
1,686
37,025
11.XPFNDI'I'UR V. ON
Rtti%iii¥ fiii)ds
1.874
1.%74
Chftrlt#blL Rklivitits
Cl)orilot>lc Aelivitic8
Rg
60,200
'rotal
61.9%5
89
62.074
NLt gainsl(losgcsl 01? invegthi¢nis
(7.J321
12.7751
14.42Ql
114,-%361
NET INCOMCIIIXI*CI NDJTURCI)
133.9781
14,42UI
13¢),5851
RICCUNCILIATION OF PUND
Total ftinds brouBlii fonviyd
.1(),7CJl
TOTAL FUNDS CAIiIUED fiORWARD
%25 J49
30,848
¥8,531
Pa¥Fc IJ
?tt(iiiiicd.-.

8hti'l)tyrtie Museiti
loi. thL Yc11 r r dcd.31 t)¥L¢iiilJei' 21)11
I'ANC.IBLE rixv.i) Assvr.8
l.TxIIiTC5
and
rilting¥
Irchold
prupcrly
Tulal
AI I JIiilllAiy 2023 lliid 31 DLXQliibèr 2021
170,QOO
112,642
482.CA2
DEI PRIIC.IA'fioN
At l Jaiiiiaiy 2023
CliargL foi. y¢ai-
%fi.71)()
5,552
Ar 31 ￿￿￿￿be1. 2(123
)2.3411
1)2,348
Nf.T11()OK VALUF.
At 31 Dec￿￿￿tr 2023
370,000
20,294
590,294
At 31 DcLeiMber 2022
370,nOn
25.84<?
31)5,84()
flXfD AS8ETINVCI81'MFNTS
MARI<F,T VALUTr.
At l JgnLi*i'y 2023
Slcvaluthlion5
106,410
.425
At 31 De¢embeL' 2023
114,835
NET BOOK V AI.UI:
Al 31 r)tLLiiII)LAI- 2023
114.1135
AI 31 DcLcinbgr 2022
IrJ(>,410
1li¢iE were no invtstniLn( d%kets out&'iile Ili# UK.
STOCKS
21123
6tocks
?,aX2
1,453
Puge 14

Sliei'l)oi'iie M115cum
NiitL'% rD IIIL fiinancithl StAtLmtiits- Coliti￿11￿1
(oi. thc Vtar Ci nded.11 DL'CL'mlTrLr 21121
r)EBTORS: AMOUN'rs IrAI,I.IN'Cy DUL WITIIIN ()NI,: YFAR
2023
2V22
Otliei- dLbtor5
PrcpdyittLnLs ￿c¢1￿￿l inlome
88
749
749
893
CRfi DITORS: AMOU￿r.￿ rAI.I,IN(" DUF. IVI'I'HIN ONF. YC4 AR
21123
2022
A(£l'ill£ la aiid d￿r￿￿ed inLoi)Ic
MOVCI MCI NT IN ffUNDS
NEI
Tran%feis
l)eiwLoii
At
31.12.23
A( 1.1.23
Ulli'esti'lcfed funds
Gbiici'RI fiind
Maji)i" RLyair fund
Capilal PAI￿11)111¢￿t1rInpr0VUtt)cIjIlAcq￿15ilI¢)￿
423.033
(8,26111
11,7991
414.239
-50,464
1,5n8
4(>.481
304,(¥SCI
424
LOVID-19 Fiind
Oii¢iEach P-A411ipineni
424
93.1
825,34l)
15341
Rc5ti'ictcd fuRd¥
Hoiioyai'iuin A¢euniiilaied bi¢oiM¢ blind
.01)￿e1v￿lI0il
'xhibitiTrns & Ev¢Dlb
DLvelopittent Df ilie NaliiÉ#l Hi%lory Iloo
rnliancement of tlie OJ'#l Hidory Colloction
Wasps Ne$i
Airliivinky fund
29C)01
3JO
3CI4
3,614
73
364
143
15341
4.531
311.848
7,684
iidnivniojit fiiiJd*
32,334
2.-$24
TOTAL f4UND
X88,511
16,4C)()I
%¥2,015
Piige IS

Sliei4Fornt Miis¢iiin
Note5 to trlie VinAnchRI S¢RtL'IllL¥rtt8- eontlniied
tor the Year Ettiled 31 Deceml)er 2023
12.
MOVCI Mri NTJN FUNDS- eontliiucd
Nel movuncnt in fuii&s, included in lh¢ Abovc ￿1* &1% follows..
Rasoiirbcli
expciidcd
Gains oil
MDvenieiir
Uiii'eslritted lund
Gwtsw?Il IuttLI
2(1,475
7.1.10
(2¢J,2811
-5411
1,677
{8,260)
(I,p)v}
1.74()
5,574
12,-3251
{14.(￿0)
{fi71
2,084
1,508
{<),0861
iiseiiii) F.iili%incement fiiiid
Qiil¥eaGh Eciiiipi￿elil
4,307
116,704)
Ilesti'icted
HoiivraTiiiin Ac¢uiMulalc(I It)coiii¢ Fknnd
2,02U
73
(xio
19,692
1.51)4
3,614
73
{5341
4.531
Wasi)s Nest
Archiviiig tiin
11.434)
22.685
116,5951
,5Q4
dTriYrneAt fund$
2.524
2,524
I'C)TAL FUNDS
5%,613
(73.534)
8,425
Pdgc IC)
Lunli1111¢41...

Slierborlle Miiseuin
Notcs to thi, fijiiAii¢ihl Stat¢mLnts- eoiitlniied
for tIIL. Yellr Ci llded Jl D¢Lcmher 2021
MOVCI m£￿r fuNDS- con(iLiufd
Cump#i'atlves foi- niuvemont in lulld
Nei
Al
-11.12.22
At 1.1.22
Unvo%tVlLttd I￿￿￿5
(ycii¢r&l fuiid
Major R¢paii' Fuiid
434.452
5a,425
423,033
4%,83()
325.035
-%7(?
11,X()6}
120,371))
Mu8¢11111 Eiili&iireiiiLnl Fiit)d
CQVID_II) l-.iiiid
31M,656
424
%59,327
133,97%}
825,349
Rt%triLttd fiiiiiJ$
H￿n[￿l.￿li1uM Ab¢11t￿Ul.TrÈcd Incoin¢ FLind
Con¥orvatioii
SpcLi%il ExliibitlDI)g & r.
evLlopinesil lif Ihc N4liirul Roniii
Eiili#nceinehl Iil'ilie Ornl Hist()ry CulleLIIOII
11,iofi}
1721
29.901
4Q2
3CI4
-1()4
143
32,02(J
-3Q,8411
FI01￿[￿rillI1) Lapital Fuiid
36.7(?3
14,4291
32,334
Yo'rAL flUN￿$
928.116
139,585}
1188.531
L￿lItinUed...

Sknei'bvi'iie Museiim
Notes t1> thi fiinllThtixl Stateltic'nts tthntlnuod
for tt)e Year Ci nded.11 DL)LLimbLlI' 2023
12.
MI)VLi MC4 NI. IN FUNDS. Loiitlniied
C.oiiiparlltive nct ni0vciii￿It in flind%, in¢lii(led in Ihc abovc ait )% lollow.%'.
InLoinTII
]lC%our￿
PCDded
ancl
1 4)v¥ni¢nl
Uiirostricled funds
GL'iieNI luiid
Maji)I' RLI)at¥ Fiind
Capilal F.quipineJiUliiiprov¢m¢iiilAcqiii4ilioii
20.41()
C),74.3
{37,Q581
(2,YOC)}
13.(155)
13,8661
12O.17YI
11521
M118eLiill Enhdiicei*ebii fiiind
crJVID_19 fili
{21.5591
35,.331)
1fi1.985)
17.33?)
113,9781
1401101-&rium A¢¢uiiiulatd It)¢oiiic kuiid
Coth%ervii lioji
I,a69
12.7751
1891
{721
1,686
{R91
12,7751
(1,1781
Wiidoiviiieiit fu#d&
14,4291
(4.429)
TOTAL VUNDS
77,1125
162.074)
(.1fj,585)
Page 1%
Lonlinued...

Slierl)orn¢ Miiiuiin
Nplc* tth FinAnclal S¢ati'll&L'llt8- cntilliiuLYI
foi. tlic Yo4r Ci n(lod 11 DLLLml)L'i' 20LI
J2.
MOVEMCI NT IN fuNDS- continiied
A bunLnt y¢ar 12 iiM>nths prioi. year 12 moiitlLS itijtibincd po8ilioii is 95 follow.%.'
N¢t
mov¢inont
Tiaik%f¢i'%
bctwcuii
Fuilds
Al
-11.12.23
At 1.1.22
Uhresti'Scted fund$
434,452
50,425
119,Ci7Y)
15341
414,23
50,4()4
M&jiw Rep2rf ir fiiiiid
F￿rtd
Mus￿11)1 Cnlioilc￿￿e71i Fiisid
c'ovrD.I(l F1511d
Ouliri¢h Fqtiipine¢it
48.831)
325,035
12,3.581
(2V.4()51
{152)
40,481
2Y5,570
424
¥59,327
ISO,6112)
{5341
Rtstrlettd fundf
Honthrii¢iLim AcoiiiniilRt¢d liiconits Fun(1
C.onBeivdlson
Sp￿1#1 Exliibiiions & Ev¢ntE
J)cvelupnL'nr of Ihc Natural Flislury Rooni
EDhuiiLctnent oltlic Oilkl Hisl()Ty ColltLIioii
Wasps Ne¥t
Ai'LIiivii)L* fiind
31.￿7
402
2,50
403
4,S31
32.1>26
6.506
I nd01v￿QRt fil￿dA
36.763
34,858
TOTAL FUNDS
928.116
{46,UXI I
¥¥2,(135
Piigc 19

Sh¢i'hurne Miiseiiiii
Notcs tTr tlie f4liiftnclal Stati¥niciits_ cDntilJllL'd
for thL Yertr Ei nded.11 D¢LLiJ]bir 2V21
12.
MOVEMENT IN f4UIYDS- cothlliiued
A uii'r¢iii yeai. 12 1)ionihs aiid piioi. y¢#i' 12 iiioiiib% coi)IbiiKd ncl in0VLin￿lL in lund%, iD¢ludcd in Ihl abovc arn
follow%'.
R&%DiiTce
¢ApciidL
MovcnTrciil
rc4niifLC%
Iu55¢S
u￿ro￿trIcted fuThd%
Cicneral liinJ
Major Rci)?ir fiiiid
.aDilal EouipinciiilltMpmve1henllAbqiiisilion
4CI,8115
(66,.33111
(12,(Q51
12251
2.755
(?,754
{1,542)
{2,3581
129,4(Tr5)
Mu¥ttiiiM EiilianLetneiit Piinil
COVID.19 Fiind
Outiracli r.Q￿lpl￿eI1t
i.01)o
167)
).3.1
71.2C?7
111#,9241
11,1125)
1$0,6821
Ilcs¢rl¢ttd fiiiid$
Hi)noiariuin Actsuinukated lttcoine Piii)Ll
Con8urvatioi)
Wasps Negt
ArchivinLY fiiiid
3.689
90
900
19,692
2,50X
IR9}
{1.434)
4,531
116.6¥41
6.-506
Ei)dniYmL'nt
11.1)051
TUTAL Il UNDS
)5,Ci3%
I135.(￿￿}
{4C),01 I I
Ige2
Lviiliniied...

Sheyborne Mtiseii
NfjtL'% h) tlie Fi1174 nCl2i18tatemLllts- continuod
the Year Ci tJiled.Al l)LCL'mbei' 2013
12.
MOVLI MENT IN fiUiYDS- coDtiJill¢(I
Mwlor Repfrlr IPiiiid - Tliig i¥ ali iinrc¥iriLte(l. clcsib>tidtccl fiioil. Tliis fiin(I WEIY %Ct lip hy th¥ liipslc&s tu crcatc Irii(ly
C#pÉlal Impnivemtiit an(1 AcqiiisitrTrn fiiiiid - Tliis 1% fil) Iinre811'i¢led. (l¢%i&yi)alcd fiind. l-hc residiie of Illcijor
legaL'y, Iliis fLiJid wa$ sei ilp ill oi'dei. lo provide flind8 wliioli ¢oiild l)¢ iised foi. Ilic puic11￿￿6 of capii*l eqiiipinefit
wlicrt no gii'atil can bc obiaii)cd aiid iiiii)iediaie pu¥clia8e is IJcce%%aiy. Aiiiliorl￿I1O1l by Ilic Iiii%i¢&% for %petific
?wclia#cq Is iidvi%ed. It ui'ii% iiicoinc by wiy uf dividcnd% from tiivc%lmciil% aiid baiik iiiloirsl.
HoiiTrr*rluin C.ÈpltgJ fiund Tli¢ cMpitHI of the wdowiiieiil Ciind is Jiol 41viiiI.'Iblc foy mii%ciiin iisc. HnwL'ver, Ihc
incom¢ thi% luiid is Iran£feriEd into the HoJiLirdriiim AL¢umiil'.Ited Inconie Funil.
Honoi'*i4uin Acriimiil2ted Ille￿7￿0 Purtd liii'oimc tr()ii) Ili¢ Hi)Di)rai'iiiin C#piliil fiiiiil lYiiii£fttTIEd iiilo Ihiq
ri'fim wliiLli a lrJn%I￿ i7￿Y b¥ inndo 11) 8eiipr¥l fun(1 iiptti) aiithoiifrttion by IliL ftti%li&8 11) L(wiUil?iile lfi wagcs.
s*la¥iL% Liiid hoiiv¥uria.
fiNnligrii'omont f4iind Tli1￿ is Klll Iiiii'e%ii'icicd, clL'sibJiiaicd fi]iid. I'lli% fi]ii(l 1% i1￿7d¢ iii) i)f Icgauy Icfl
10 IIIE mu%tuiM tl)at Iltg li￿Ste¢S havc decidcd lo %cl a%idc lo i)i&ke iiiajoi. iJnprovemeiiL$ 10 tlie Iniiqeuih.
ConservAtIoii
For coll￿vation %iipiili¢% cosly ihat rn*iy oLcui'. %ucli A¥ inainttiiiiing aiid ¥Rlcly dis1)layink any
ilefacls th*Lt h1<ve bccn dDllalcd.
Spetistl exlisblflons ajid fiJVellt%
et)L'rnl niiiiiiiig ol'the museui)i_
Tlii% ii%cd lo fiiiid dddilii)nal ¥xhibsiith% and evcnlx Ihal fdll otjl8tdL' of the
Devclupmcnl i)I' naturDI hi¥loi'y rothms Tliia is oi fuiid sci aBidL lo improve lit1￿,.
whieli ¢du¢at¢ visiloi% about local liisloiy.
Enlinneemtnt ot. Oral lii$tory collectioii
Tlii% IL funil kn hclp ilnPTnvc and EXP1£ Ilie ornl l?i41thry u)IlcLlioii of
Ili¢ nJu%cuin. whitsli c¢n%isls ol-audio iii tci'vtew&
intiirrld.
OutroR¢lI Equipment - ￿lid5 sel a%ido by tliB Tiii%lceR fur iipbTradiiibF otsr outic&Lli and talks iir0grami￿e eqEiiiiii￿iI1
l.%utlJ a% pult1)￿*s11I&V a Iiew di¥ihl pDiiilei-, ¢obl¢ DIDILclor, ¢4Td rLadLI'). The iiionios aro dbrivLd fTufi) all Lll)Irsliiited
legacy fiY)iii fori)Ici Inert)ber aiid voliittt¢er. c￿•1 BromLII,
WHsps Nest - a LTrnni f1￿M Sciu(SI Wesl MLibEiliiJ tleve5npiiit.iit ancl Art¥ coiiiic.il P.11glunil to tonscrvc Riid disiilify
laigc hi¥tOii¢ Wa5ps' nest, now ¥xliibstd in Ihc Natuynl Hi810ry gllllery.
Arthlvlng Fitmd u fyiiiii thi.￿lI cn1111t.il i() (Itsiiiw and niakL i)iiLiltLly i1￿￿lI}I¥ oiir lic rgL bollecl¢oii i?r uJld.
Trlln$(ors bolivoon fvnil%
A trai)sleT t>f llgvc l)¢¢ii I￿7￿pI￿le￿ bclw¢ei) tlic uciier#l fuiid ￿lIld Ili¢ W*xp% N¢%1 fund to r.tsvt.I'aii OVLiIEpeiid.
Pagp. 21
Loniilll￿d...

SheKboi'iie Miiseum
Nolo4 to tl)L, Fin￿￿£7#1.8*￿tQllIC￿t5- ci)iitlllULd
tiTri' the Ytai. Eii(Icd JI l)LLLnihEr 2021
13.
III£LATED PAH'I-Y DISCLOSUREI S
Lll j%lll)¢tli BleisoL wii¥ iYinibur8ccI fo¥ expLIi¥o% 111 Ilic ycai. totdlliiiE L524 {2U22.. £3431 tor lier $￿'V[l￿ a% u frcL,liinLL
Cl￿tor aiid WAS paid £14,(￿0 (2022.. £152OVI %UtKonli'acloi' foi. hcr %Lrv￿C¢8 a% ￿ ¥ui'alor.
Diiring lh¥ yeai. cnd¢d 31 Deceilll)¢r 2023, Iwu T￿Ls1¢L8 12022.. nil) do#iilc(l li lotol OF £1 0$ 12022.. £iiill tu th¢
Piiuic 22

ShLI'lFDI'Jie Miiseiini
Det*)Ileil Stotcmciil (If FIKfiiici%l AclÉviliL'S
lTrY th¢ Yl'fti. CiiidL,d.?l DeLtnibL't' 202.3
21122
INCOME AND LLYDOWMEN'I'S
Doiiotlolls 2nd lokJ#tlo
4,759
Gill #id
Le88CiCb
Grniils
89
12,00
5.fjn(I
25.592
1.7()n
3.3,9711
2?,495
Otlier tyading Ac*ivitie4
SIIop i￿￿111¢
IlcJTr¢al Iiicoim¢
4,782
(),000
3.187
6,000
13.713
),694
Investment lii¢ome
Dividciid aiicl Baiik liiterest
37,n25
EXPEI NDITURC
Other tradiii% li¢*lwllles
1.45.3
Piir¢liaso¥
CIo%iiiLY ¥l<Kk
12.0821
11.4531
4.5(k4
l.X74
Charllable activitios
Iiisvran¢L'
Poslagc aiid slalioiicry
Sulidrit
r.xliibiliort & CotiAorvali011
rsiablishrtibnt fI￿rge5
Publt¢ily
()utin¥N Livcthts
8ubcontrac¢oY focs
MaiThi¢naii¥¥ Cliaryes
FixluiLS aThKI fillings
2,421
1,204
544
()6
7JdLI
1,1141
302
21,105
7,J8ti
17,926
17.70tI
6.138
xio
1,032
14,()
16,42(J
67,710
This pago Jiol foi'Lii pail ut'thc Btolutory fiwiiici￿l 6t?lO.i￿Èn1S

tiliei'hDYnt Mii$¢uni
Detalltd S(AtLmLnl of fii¥i¥iJii*l AttS7'ltiL
f(>i' tlit Ycai. EndLtI.11 1)CLL'MlJf1' 2021
2023
21122
Support co¥ts
GovernAThce eosts
I,0#
T(TrlHI rL'%I)I11LCq LxpeiulLJ
62,074
Nct exy¢nditure ljtfthrt uy#lns 10s$C5
Reallsed reLogiiised Elllrts lo¥scs
Rcali50d gain￿110￿￿e8) ttii fixed as8e* inv&Bliiic%it%
8,425
114.5361
Not expeiidi*ure
16.49C)I
139.1 851
This pagc ntst foriK i)thri uf Ihe ¥ta(utoiy fili￿rJe1￿I slglcincnls
Pagc 24