RECISTEREDCHARITY NUMBEIL" 1176535
Re￿rt tsf tkn Trnsttts *Ad
UNaMdited Financi￿
for tht Year EThded31 Deremlxr 2024
Wayd Ik)tMknan A￿111 Service5 ljd
4 Cedar Park
F¢Mth)￿ IndLtstrial Eqa
B11217SF

C(thitnts of ibt Flll**el￿ Sl•iemeiii$
for Ihe Ye¥T E*d 31 Decem1￿r2•l4
Pag2
Report ofthe Trustees
l•dependent Ei*Niner's Repxt
statew￿￿1•f FITh1￿111 Attiviiie5
BAIADre She
10
Note5 to the Fl•aArlal
Drt¥lled Si•lewewt of FJNanci•l Acliiilie5

Rtport of th¢Trustee5
f•rth¢ Yew EDdEd 31 DErember 2024
The ￿￿tte$ present their re￿￿rt wth ihe fLTw*ial #a*mertts of tk charity for the year thwled 31 DeccrnbEr 2024. The
Injsiees have aikn*d ihe wovisions of A￿0v￿ling a￿* Re￿￿1￿8 by chan1￿5.. Sthiemeni of Recommended Practice
applicable 10 chariiies prerAring their arcLKIT￿ in accirdxKe with thE FLiJaticial Rqx)rtirt¥ Stsn(knTd applicable in ihc UK
nd Republic ofireland {FRS 1021 {¢ife¢iive l JaNwy 2019).
0￿ECr1vEs AIYD AcfiviTIES
Objertives ain7S
Sherbome Museum fiN OF￿1 to ihe in 1968. ILS ain* as Th)w. ￿l[l￿ for the tolleciiow preserv￿1(*) and
djsplay for the benefit of ihe public of itans of ge￿31 alw the Jmydmg or lethuTes. discussions and medings
relaiin8 10 Ihese and sirnilargJbiea&
The Museum is housed in th¢ fDTrN¢r Ably Gate H<w¢ in I￿ heart of sher￿￿ne. It comprise5 on the ground floor a Biti
shop aThl Ihree d￿plaY area5. Tr fi￿ flwr contaiTLS Iwo f￿hEr dlsplayiexhl￿1i￿ artak and ihe second noor consists of
workrooms for wjminislration, ctKL*mlion researc￿ swnge of anelaeis and digitsl imaghn¥. The Texrve colleciion
Is siored in Se￿jre p￿rnI￿$ at ilr offices ors￿￿￿Tre Town CwKil in buildin85 are wlw)Ily owned by ihe
Museum: the PToperty also ¢ompnses a single ￿t4)ancY li* alM)ve.
The Mu5¢um i% run by B03td of Tnts*e& who ap￿1￿1 Otriccrs on an arnual basis aThd a on a pemianertl
b&%is. #nd other memters as and when ttqtsired. All memEa5 of B03rd TnLsic¢5 of the thaTiiy: Board mtetin¥s are
hEld ￿ l¢a5t every 2 nwniks. ShethnK Museum was regiAered a5 a CIO by ChaTi¢y C(xThnissiM on 5th January 2018.
Curdtor is delegated io manage Ihe rutming of Ihc muscum a day4Trday bas￿. including publi¢iiy, family evenis and
re¢wiimeni of museum volunieer& ￿ hokls TeBul3r briefing5 with the lean￿ ofvDknntary woE*ers. The CuraioT i5 SUPPOrted
ihewrole by the Museum De￿lOpMent
The Curalorrole also enthil$'.
- Making applications forgrdnl funding wheT¢ rekvarf I￿lI￿lIng the Culiurdl Support Gram.
- Maintaining clase coNacl with OEIKr voluntary IKKI)es. ed￿lI1￿1a1 estsblishnxThis aThl wi￿l¢j￿5 within Ihe heritsBe
Yee￿r. Organising evcnls atKi xtivilies to owlure I1￿ links.
- Ensuring compliatK¢ wilh A¢¢redikiion *aTh1ards IS￿ by Ans Council England in¢luding SPECTRUM stsndards of
Collections MaDag¢tnenl.
. Compl¢lin¥ th¢ thffe.ywly A¢¢roJittiM)n a￿] eThsWI￿ *JhereKe ￿ the mwcv￿￿ A$s(￿laIl￿n CodE 0f￿hIC$.
. Anw¥ing ttairtfft￿ formuseum volun*u5 whcre aprKowwt.
Publ5¢ bel￿￿1
The objeclivesofihe Museum as swed lnwcor￿lt￿i￿ aT¢ *5 f¢AIows:
l. To advance educ81ion for Ihc public benefiL in partKular exclusively. in th¢ hist(ry ofihe LOWL) of S￿rb￿ne and
Ihe S￿￿o￿nding area, iis heritsse, naDJrAI history aTKI ruliwe.
2. To provide and mwntain a muscum at tk krtown as the Abiw &ieh(Mtse in Church Lane. SherbL¥l￿ or such
her buibjings, aThJ in pursuit of tha&obj￿1.
- 10 colleci. borrow a￿j loan colkctKm5 rel*ing to the a
- lo mana¥¢. d(um¢Trl, con5t￿e a￿l safeguard Ihe museum colleaiffl5 knldin
- lo exhibit. ini¢rpre¢ #nd wovide x¢¢ss io ihe m￿M collethions and holdings:
- 10 provKl¢ experietKes and aciiviiies for the ￿b]le.
- 10 prov￿¢ exhibilioiis. cortfere￿e% and cvent5 both ort- aT¥J off.5il¢:
. lo r¢s¢aT¢h. pmmote PLblish #￿IleS ofthe ar
3. To wth1ake any oiher charitable purFw
The TnJs*es have had due rewd io the Chariiics Commi%5iOn BuKla￿¢t on wbli¢ kn¢fit.

eport Of Ihe Tr¥5tees
f•rthe Year Ended 31 Deetmber 2•24
ACHIEVEMENT AND PERFORMAf4CE
Charit#bl¢ A¢tlvltks
Th¢ museurn w&¥ uprTr frorn Febft￿ry 10 March ￿ winier (wiing )￿15 ftom April ￿ D#¢mi*r [# in 2￿4. A I￿81 of
7.667 VISIK￿ engaged with the mu5wm dwiJJg this inc1￿1]ng 5.165 adults and 832 children who carnc to vicw I
exhibiiioL)s. whKh demo￿¢$ a in¢ras¢ in Tmwnbets ¢(thp￿ to 2023. Seven wirt￿r talks were held. five ouireach
sessions in resideDiial and futhisJDg ¢v¢Thl& the amual ￿"1 and an EveThtD8 of Antiwes with Richard
Brornell. A Pr￿¢T￿all￿n wa5 given to 230 PUPLIS of shertr￿e Pn"mary on the ¢Mgins of Pxk MoThtsy. These events
conthbuied a lurth¢r 77? pe￿1¢ ¢n8ayng wilh the musewn.
Within the mttseum we held 27 events and gr(w Vi51ts whith f4x u5¢rs in ￿ ov¢rall visitor numb¢rs. Owxll.
we ¢aier¢d to 16 dsffereni or8ani￿1oTrs LnclL¥Jing the Femthrn U3& Mayofs Civi¢ Day. Chilion Bnd8e School.
Barwick artd Sioford Primary. four visits from L¢W¢m￿ ￿1￿1. B￿[L￿d Aikns HistOTi¢al So¢i¢ty and ShertA)me Isi
Brownies. As well as our ￿5￿[ Messy Monday orruin8s we also IM)St&l a Creative Clay Workshop. a Wasp Appreciaiion
Day and a c￿er Day. We also participated in Visit Dorni's "Iwir&1 by Dotsei- couniy-wide projeci on an in museum5
were granied £200 10 olTu an ¢v¢nt )nspi¥¢d by th¢ taat)ical art of I￿"ana R￿11 wil%)￿ Feedbxk gaihered on prepared
forn￿ p05t-visil we achieval hi8kn scotts ￿ rye-visii cormiunic*MML ￿r￿1￿55. achKvem¢nt of kamirtg
obje¢¢i¥¢s and enjoymeni. The kjans boxes have again woved wular. with Ihe Rortwi, Egypiian. Saxon knxe5 CiT¢ulaiing
lo scl1￿[S Lrt Thornfrf Yaminsttt. Yeovil a￿1 powe￿￿. again wilh high scores ￿ fttdb*k and used by 3pproximaiely
ISI Sludents overdll. To￿1 [thysic￿ wrs of the mus¢urn wrr¢. tkre(￿r. 8.59). 50 th* with lh¢ in¢lusion of our virtual
¥uth"¢nce {see be￿wA I￿al l￿[$ overnll were 13.743.
We have commiiied io following goals sd by ￿ ALMlien¢e tkvelqxnthrt Survey atMI &$ S￿h havc widened our offer of frce
family fn'endly evertt& in particular Messy mo￿lay& with the aim of etKmging thos¢ from rn0￿ disadvantag￿ Wa￿ i
ihc town. We have also ol￿ed volun*erin8 q4XKiIMILiie5 particularly regarding for these ev¢This. aTKI wc havc
the trKL%Utll'5 f￿1 Youth ott the BrArd. We coniinuc ￿ off￿ placcmrnts WOTk ¢xperierK¢ Duke of
Edioburgh awards.
Followin8 Ihc Or8anisaiional Hcalih Ckck. the fffused ￿ rt¢witm¢rt with ful￿nISing skills in mind
atxl succeeded ai ihe end of 2024 w attrdding 5¢v¢ts) applicJrf& Thrte wospeaive tyust¢es were interviewed and put
foJi¥ard fLYco.owion onio ihe B09rd in tIK New Yrdrof 2025.
The proj¢￿ "Un1￿killg ￿ Archives. Diwtisitlg the David HUN Colleairm.. fuThled by tknel c￿lrI1. was a mijor fo¢u$
for 2024 with Iwsi ov¢r thousand gla￿ plaie negaiivts Ixing s￿n￿l la goal ￿ OUT Forward Plan) by TowrJsw¢b
Ar¢h)vin& A ieam of 12 volunieers ihe ¢ommunily was a55embied to ￿￿Ogue pla1¢5 aTKI providE basic data fDT ihe
$ik and all infommiion has now been received. Voiuntett5 from the pmJe¢i I￿ed the Winter Talk in December io share
Iheir expenences atKI SOTr* of the pl¥MogrJph5 With the coMmL￿]IYJ which wovcd very Twuiar. The plaies themselve5 will
sent lo Dorffj History C¢ntre in &thysi¢al aMI di81ts1 fonn *$ DHC is Tthysically rvAy io receive Ihem. W¢)rk 15
curreE)Ily ongoing lo upload the Infom￿)0￿ •x1 images the t￿¥ collec11￿% pl*fLYm SLyJymed by Town5web.
In Jonuary we su¢¢essfully appl*d a 8rani from LAW Cattrfjn txrn with ￿ aim of rthing our car￿n ¢mi5510ns by
1.9 tomes atml byant of jum over ￿.(KN) will E¢ W towards 4ThJ iT*taJling solar paT*ls. In Jun¢ Ix*th the
museum loft and the ietwii's lofl were fully insulated. aThJ a soi¥ arrny w45 ill5taJkd in D%ember. ID M¥¢h th¢ fi81 roor
over Ihe wLthhop aftd WC rwxed. It is intyxkd thal W￿51￿￿ a-wanll mom- ￿th a rtew exiemal door
and window 10 prev￿1 erKrgy kakagc and I￿￿¢49¢ searity. Two tknn¢r Wil￿Ow$ from the *nani's fiai are scheduled for
replacemeni. We havc rejoin￿ the Asgx1ali￿ of M￿UM'S Etwy knioTh (hup and are seekin8 their
support in swi*hin8 10 g grrtn t[*￿Y Wiff. In this way we are commiuntsm 10 rMJr Gr*Je 11 Listyj
Building aT￿ ￿ Jnrt¢asin8 th¢ $usiainability of the ￿￿uM fw F￿￿e gemiions.
We also benefiu¢d fm a grani of £8{￿ from shert￿ Town Council w￿vardS w*liJ)g all thc ¢DTnputer
horthvare aThl acquiriTh8 Ihe larest sofiwdre and *cwily. I￿luding ¢ollrfti(ffis nlln8gem•Jt. (￿¢s1de this ptiTrjtti. the
elecirithiy me*rs were upgraded as wcll as thes￿￿1]lY alaTm.
W¢ coniinue io E¢nefii from ihe Dor5ei CowKil Culiwal Gtant which ￿￿e￿lY stsnds ai £IO.(m afier an increase
from £5.(th in 2023. Visit En¥la￿l agaiti Vtsiior Aitrathion Q￿LItY ASsura￿e IVAQASI standard. with
re(omm¢ndaiion5 for 2025.

Report Of the Trusttt5
fwtht Ytxr &#ded 31 Dece￿￿er 2024
The immediaie inheriied backlog of xce55ions I￿S beffl wcKe55ts1. The on80in8 dtrxce55l￿lng PTDgrnrnme bewn IE)
archives. IMM)ks and iexli1¢5 will T¢suIi in m￿¢ ttsilient rtlevatrt collea1￿￿ and tk pr￿esS will wKIEn lo I￿l￿de
colleciiolls. As thxum¢nlalion WOTk (QD¢1Th￿s, mor¢ Irm8-4aTh1in8 anefaa5 are be)"ng revealed thal either had bff
ary¢ssioned in Ihe flrsi Instance or which Iwve ￿¢)￿e divotccd fttmn their xee5sion numba5. This probl¢m is slowly iring
resolved. fkning 2024 the loys aNi ganKs aThl th¢ ￿derWeth a full coileriior15revi¢w.
museum conlinues io benefit friffj of the NO￿ Iknsd m￿um5 GIDUP and t￿ D(¥sa Museums
Associ81ion in Iurn5 of JTllQual Fxthli¢iiy. supm skill4han.ng ￿viCe. The DMA membership also Ptovidts access Lo
Harwell RestordlioTL whi¢h WDvidcs etncigaKy conserv*ion tn the cveN of a disasT¢r. as w¢ll a$ 8 presence on th¢ Visii
Dorsci website. W¢ Tertive xlvi¢¢ trainirtg OM￿￿￿11•e5 fm the Ass￿1*1￿ of It￿Endent Museums IAIMI aDd lh¢
South We51 Muscufn D¢v¢lopm¢nl P￿gra￿u￿ ISWMDPI and Drtss and Textile Specialists {DATSI. We send 2 regular
aiieThJee io Ihe Sh¢Tix)n* TouTism and have become n￿mE£15 ofihe Slkn Ch*nber of Trnth. RepreseniatLves
regularly atlcnd the Armu41 Pansh M¢din¥ in Iht kn¥n. We have Mrenwhened OUT link5 with shell￿ Ablxy and SS Johns
Alm5hous¢ a￿1 th¢ newly opetd Tr Shtrlxxne. ans is sttking fLY museum io be¢ome (rt of its prtmary euliural
ia¢ik
websiie and ￿$t of*xial media has been Fnised ty Vi5ii EmglaThJ. ch￿ virt￿1 a￿11e￿¢ ¢(wists of 1,577 followers on
Fattlxx)k. 2.553 on Twit￿ aThl 1.023 on InS￿rIn￿
Our reserve eolleaions coniinue 10 ir ilK Town C(RJncil marK￿ House in Newland. Slthy)rne Town
Council has also kiThJly agreed for the ￿lId1￿ to act ￿ a frK vulrKrablc i*ms sllould an emet¥¢rt¢y
eur.
Membership review
Memtership sthcriplions ar¢ a wtal r(mIril￿1ion iw*))e, and members enjoy various ben¢fits inrludiTrg attess
10 our senes of Winter Talks. a biannual ncwsietlcr. acctss lo rtsearch faciliues aTrddi￿ on culain events.
2024 ￿ gained 34 mrmbas. We l0# 20 thmu¥h &aih. carttllalw)n LY Th￿-Payment or rees. Our total membership ai ihe
of 2024 wa$ 187, exceedirtg our year-ertd figures for 2023. The c£￿tr￿1￿g sn membus is largely due to
Ollwlion thwh Wi￿￿TalkS and ihe reLYuilm&M of new steward5aTKL (*her v(knieeT5.

fw Ihe Yt#T Ethdedjl D¢e¢mbtr 2•24
TrINANCIAL REVIEW
Fln•nei•l pos1￿0
Thr charity ShcTIM)TD¢ was formed 74wJ ¢rt￿Ed thr Rryi5w by Tr Chariiy on 5th January 2018
&8 a Charitable Inco4￿(ed (kganisaiion (CIOI
Alihou8h iE)cthne is ltss ihan £250.￿ thi% y￿. ￿oUnts hve beth ryerAred an accrual b&sis 10 be consisieni
with recent yea￿.
Restrlcted (C8plt*ll F¥Dd- Endowmffit Fund
The capitsl in the Restric*d ICapiMII Fu￿1 be used The irKome arising from capital only
uscd lo coniribute ￿WardS Ihe paymcni of wage5. ￿1￿[1¢5 aThJ knoraria. The furwj. cash atKI Investmen￿ was valued it
£35,759 81 end of Ihe year.
Restrided F*thds {OrdSMry)
These r¢¢wd the d￿lI0￿￿8rants r¢c¢iv¢d ¢¥wwh"iyw¢ irw1￿ for wif1¢ proje¢w They ore noi avai18bl¢ for
any Ot￿r purpose artd iT*lude the Homranum Ac¢wnu]ation Att￿￿[ to which itscome gthetaityl by ¢he Honordrium
Capi121 A¢¢ouni 1$ ¢rediied.
(kncc any accouni within the Reswirted F￿S (Ordirwyl ca*80ry ha5 served its pwrxbsc aTrJ h&$ betn sFnt in rthi we wll
cimiinue wilh ourpolicy of c105ing alr￿nL
Thc funds for Ihe H￿TariuM ACcuThl*l￿ Fund {cash& ai cThl ofthc st￿1 ￿ £36.285.
tk*gniied Reservt Fnmds
A¢¢ounts within this wup aTe in the 01￿$¢￿V¢S sd by th¢ Tnstees io meet aNi¢iwed liabilities t1￿ yei fully
known. Although IhE5e fund5 rot pll1￿ xtual 5￿c. use djswtsal aTE entirely ￿ ihe
dixrtli￿) 0fiheTn￿e¢$.
Capital F4*ipme#VlmprovementlAtq•hlt5on F*•d
This fund L$ Used 10 buy or reE￿W equipmeni arKI aftefacts which aye futyjed elsewhere.
The balmce as ￿ Ihe ¢￿10f the year c&th aTwJ inve*menis w&$ £48.304.
Major Repair Fmnd
This fund ha5 Eten crcated to ¢51abii5h Y4 rcscrve again# the CO￿ a￿1 CxpEr￿ in nmlng th¢ fial. th¢ ifisu￿. and ryiT5
ih¢ Slrwufc. WiTin& lthing aT¥J major plwnbiDg of all our E￿ildIn￿. th¢ target iriDg 3.5ty• Df th¢ IT￿ured valu¢ of the
building5. The builditw were profe55iODally valud ￿ ITansfer ￿ Shelt￿ MuseLml a￿j the estimated Ttyixerneni value
was given w £850.(KKI. TIK tsr8a valu¢ of this fi￿d is IlKrtlo¥t V9.750.
The r¢Mal income from the flaL togeiknwith th'vthrtth and Int￿ *e pa￿ itllo thisxcryjni.
The balance ai ytar-cnd irKludin8 inves1men￿ was £29.970.
We ctsntinue to undertlke imwvemen¢S m*nterwKe to (w trtJiklin8s in xcord#TKe with the re¢¢MnmerJdaiitslls ouilined
L the condition r¢wut pt(MJwd by Pknljp Hygh¢s A550CWte5 in Mmrh 2023. rnajot WOjed5 WUE ¢onwlet¢d wiibin
the yrdr.. the re￿ar¢￿ent of ihe r(x¥f over the WC and W{￿51￿￿. wwading the k)ft iwlatii)n in IhE Imjilding at
ai. which in¢ltsded the intrthluciion of loft imwlve ac£ess: and tht lttst8liati(￿ ora solar PV aNay on the south
roof sly of th¢ main ￿lIding. The latw twrj projeas prt-fw)&d by Low Cath)n Drrti and IIK Shared Prosp¥iiy
FutM1. The works are noi only intended ￿ red￿t Ihe than"I￿S %waun8 COSL8 b￿, more imr￿an1]y. demonstraie our
Commitme￿ io reducin8 the museum's env￿￿Mental inwaci andensurÈTh8 iLS fviure $￿al￿abIlL1y.
The works Progrnn￿ed 2025 inclwjc the replaccmum thnncr winrknvs in the flat and re{kn￿l0￿ of ilK fa
of the building.

Report ofihe Trwstees
for the Year E￿Ied JI DecembeT 2024
TILe Muscurn EnhAThtemeat Fund
This L5 a fund th￿ wos set up with a th¢ bte Mrs JeaD G&selee Gteu. Its lim is io make large ￿ale
inwr0v¢m￿ts lo the museum. Cwrenily the main ¢XPEllSCS thin1￿ratiVe and sUtconlTwcior co$￿, includin¥ the
Cmratofs renunlcrdlion. The moncy was fonncrfy kkl in a CAF Crfbld savings aCC￿Th. In 2024 a w1ion of ihis
was moved ￿ a CCLA investmeni Imd.
The fund balJrK¢ as ￿ the end ofihe yvdr was £2￿.157.
CeTrer*l Fund- op¢r8tioMI iNtomelexpendit•rE
Thr purpose oftius futhl is 10 cover Ihe day-104]ay nmnithg ¢￿S of the rn￿rn. Ai cryj the Fwd 5Ws a minor cash
dtficil. The value of the lund (with Inve￿n￿tsand fixed held) ai t￿ *MI of Ihe year wa5 £451.437.
Business RAie telief of i(W• Exovwjed by Cwxil hel￿d ye*ly. aThl ihis th¢ DO￿¢1 Cfmjncil revenue 8rani
payment in¢r¢as¢d from £5.1￿ 10 £IO.LYXI.
This year the Fund has pallitwiawly b¢rtfi*d iThm%e in Temil fveni 4X)￿[shIp. almt memberthip
$ubS¢iioi￿S.
Flxtd Assets- Buildings
Th¢ freeknid ryemises. including the f]*. wert pofe&sionally valued in March 2025 * £395.IJKI c￿lm￿ed mat*ei value.
The buildin￿ 4re insur¢d for than tk full reCoffl￿ rep1xa￿l val￿* £960.(M.
Flxtures Fittiny and E4wlpm¢nt
- Fixiures and fitiin8S 3r¢ deptcciatEd a the rate of l(PA Istraighi lincl F*r •MunL ¢Wt•* value £24.791
- Elecirical items and cornwiery ar¢ dewttiatedai the Ne or￿￿{5￿￿1gkn1 li￿) w aM￿m.. current value £3.686.
- The cojnbincd book valu¢¢ome$ 10 £28.478.
Inve5trneDI poliryi obh¢¢lv¢s p¢rformance
Some of ow surplus c&8h is held wilh Ihe Chariiies OffKi¥l lovesthwi FuThl (COIF) I)ep05L'I FuThJ a¢xoun15 al the Churches,
Charilies $nd L(¢al Authorities (CCtAI (wn1￿1￿. Bank intet¢Y 1$ YAMI ￿ the CAF Cash aLyJ CAF Gold attounts. Ollr
bnv¢slm¢nts at¢ held In hdd in a combL"naii¢M of bLmds. th￿sits aml quilie5.
The majoriiy of the holding in Ihc CAF CM)Id aEriMJni Wds tr￿sferred 10 a CCLA t￿￿$1t FWKI ￿ kn*fii from a hisher
R¢s¢rv¢s pollry
Re5etves are Tequired 10 ensure th& cash reswr¢es atr aHilabie so IhaL the (w￿10￿31 viabilily orth¢ is nol pui in
- damage to property nor cove¥¢d by insurantte.g- Y¢pairs required ¢kn ro fair wear& irar
- the purchase of new a[￿ repiacernttLI fjxed Lwis. furniiure aThl equiwnthi
- railure 10 obiain surrL¢ie¥it fuTKts for day4iHlay rLuming exrKnse5
- Ihe need ￿ provide its wnmwce wojecLS foT whith fwKlir¥ d￿all(￿LS avaiiabk only aftcr c¢Mipknion OT on
d￿tIOn ofa reccyed invoice for wth dont.
The TDJSittS have a ￿lIcY to Set as?th. whenever p¥)ssible. ¢th resourtts IMO tksi8rw*d ¢x oth¢1 furKis for Ihes¢
8t￿ other purposes whenever Ihey are i(kniified.
The CIO ha5 [￿¢ reserves of £27,959 95 at 31 De¢•nl¢r 2024 {2023: £23.9451. The CO￿lder ihis l¢v¢l of reserves
10 be s￿￿le1t￿L 10 thliver chariidble obiErliv¢5 for th¢ next twelve n￿h$. Free re5eTVCS are (3[￿lated by ded￿lift8 fixed
a55e¢s fvom the urtrestriued land undesignaEd} [C￿e5 hEkl ai Ihe )Thr<nd.

of tke Trnstees
for tke Year EDdtd 31 Dtt¢wb¢r M124
STRUCIIJRQ GOVERYkANCE AND MANAGEME
Governlng ¢kKwment
The chwiiy is ¢*Mtroll¢d by ils ¢OllSlitutim 8nd r(W51i1u￿ •ClwitabJ¢ I￿1￿ OrgaDigli(¥n.
RetruitmeDt and appolntMI¢Dt rfnew trwl¢es
The charity fdiows ￿da￿t issued by the Ckriiies commissi(￿ with re8￿ts 10 reCrnI￿en1 tsainin¥ of any new
Key m*nagernellt remuwer•tio
EJi5ab¢ih Bletgx was paid a loMI Of£14.8￿ f(Y her services as a freelatKe CW*LY.
Rid( m#n4KemeAt
The tr￿le¢s have a duty lo ideniify review Ihe risk5 ￿ whith tlK CIO is expw)sed and ￿ ensure appropwiate conirols are
in place ￿ provide reasonable assurance against aTDr. R5sk a55C5Srn5 are regularfy carried oui Wbth r¢gard to Ihc
Ilxiion& sdxool visits and Ic0nstK)x¢&
The Trusiees ¢onsid¢r thai the norn￿1 risks of dam28¢ 10 buildings athl otlw taD¥ible assets
belonwng to the Museum
logd1￿r wilh public and Ihird-pafty liabiliiy arc adeq￿tlY covered by insurance. There are effective intruder fire a18rn1
5y5tems ins¢alled and fite exiinguishers placed in [￿)SItiOnS recommeLMled by profe￿onals. These are re8u18rly inspecied and
rna1nlair￿d. There is also a syxem in operation whereby Ihe l&%t r*rson in the buildin8 has ￿ sign oui. certifying all fire
are wop¢rly Closcd wwthws Sh￿ aThJ ck¢¢rical appliaTK¢S P¥DFwiy ig)]aled beforc 5c¢iing ik inlrudcr alann.
The de￿¢S$l0￿lnB wogrnmme enswes 'gwd Iwekwithg, tskes pl#¢e to enable resF4)nsible collecling in the fuiure. It 1$
8uwJed by The Mus•uDs Asyttiaii(m Coje of Ethics so the is Completely irnwami and has th¢ Boarrts
approval.
REFERENCE AIND ADMJT*lSTRATIVE D￿Alls
Registered Charlty •xmber
176535
PTlnclpal *d¢lre55
Church Lane
DoTset
DT9 3BP
Truste
G E Lewis
Msc FTear
G C BeNlell
L R Mouland
G Morris (resigned 4.7.241
M5 L BiackilK)rn¢ laprM)in*d 23.1.24)
O Young
K Barl
R BOWn￿ 23.3.241
IDdepeid¢ot Ex*mk
Ward Goodman Adit Servicts L
4 Cedar P
Ferrldown Induslrial Eswe
D(xsei
BH217SF

R¢porl of th¢ Trnstet5
fwth¢ Ye*r Eod¢d 31 D¢¢¢mber2024
Approved by orderofihe iy)ard of tru￿￿5{111......... .. ...
.. andsigvd on 11$ behalf by..
L fTIoLLlJncL
L R Mouiand. Tn

IAdepeode•t Ex*Alaer's Rwrt l• tkeTrnslees of
Sbtrb•rne Mwseum
l*depeAdent examioer's report to Ihe tr¥sltts •f Sherbwx M#se¥
I r¢wrt 10 th¢ ¢hariry tswAees on my examination of the aceounts of shert￿￿ Mwum lthe TnLst) the year ended
31 December 2024.
R¢$p•n5ibili(ie5 and b•sis of rep)rl
As the chariiy Irusiees of ihe T￿￿ you art Te5wThiblE for the of thc xr¢Junts in aLrordance with th¢
requirements of the Charities Act 2011 ACVI.
I report ￿ respeci of Tny ¢xaminalion orth¢ T¥N5t'S ¥ftNmt5 uryi¢d 145 of the A¢1 ajxl ith ¢arryin8 out my
exaffliro1iM I have followtd all aN)litable DitC¢liotLS g]vth kry theChaTity Utth Setti(MJ 145(5Xbl of (he Aa.
INlÈpthMletht examltter's Slatem￿l
I have ¢omplded my examination. I confimi that m ma￿181 mallers ha￿ crxlx ￿ my aikThiion in Connect￿ wilh the
¢xarnino1l￿ w'ving me ¢aw to tdieve that in any makrial
couNing record5 were n(* kepi in re5rKci of Tr￿ a5 required by S￿10￿ 130 of ihe Aci.. or
Ihe accounts do acr￿d wilh records., or
Ihc accounts comply with the applithk ￿1r￿n¢￿ts corKaning the fonn cont¢nt of a¢¢ounts sd oul lll
the Chariiics (Accounts a￿1 RegulalM)tL5 2(KJ8 ￿her than any tWULTement ihat ihe accounis give a true and
fair view whi¢b 1$ not a MaitertoJKs￿rtd as p*$ oran ¢xaminati(th.
I have no concems and have come across M other mallers in connection wilh Ihe eXaMi￿lOn ￿ which atteniion slMvJld bc
thawn in this rewt in order ioenabie a undersw]ik¥ ofthe xeounts io te react￿￿.
I M Rth1d Bsc FCA FCCA
wa￿ Goodman Awlit Service5 L
4 Cedar PaTk
Femdown Indusirial Eswe
Wimborn¢
BH217SF

Stsiernent of fIn•neI￿ A¢tivilie5
ror tbe Year FA￿e￿ JI Decernber 21124
2024
Total
furMIs
2023
Total
fur
rLt
N￿¢S
INCOME AYD
ENDOWME.YTS bliom
Dooaiions and 1¢8a¢*5
18.481
18581
33.970
her Irading aaivitie%
Invesim¢ni ittome
13.445
13.015
13.445
15253
13,713
10.930
2238
T•ixl
44.941
2.338
47.279
58.613
EXPENDITURE ON
Raisin¥ r￿d$
1932
1932
4,504
Chgrilxble actlvltle5
Charithbk Acliviiies
57.610
4.471
62.081
69.030
T￿*]
4.471
65.013
73,534
Nd ¥ains on inwesthitn
3.355
563
4.819
8,425
NET
INCOMEI(EXPENDrruREI
Other re¢fj8Dlsed y105111055es
Gairts on revalu*iOn of r￿ed
1112461
{1,570)
{12.915)
{6.4961
25.(KKI
25.1
Net movement In fTANds
)1754
11.570)
9)1
12.085
16.4961
RECONCILIATION OF
FUNDS
Ttyal funiLs trwghi fon¥ard
I I I
39.C66
J4.858
882.035
888.531
TOTAL FUNDS CARWED
FORWARD
82Q865
37.496
35.759
894.120
882.035
TKrt¢5 form part of fiDJvcial

31 D¢rtmb¢t 21)24
2024
To￿]
2023
Total
funds
No
FIXED ASSETS
Tangibl¢ assets
423.478
61.455
423.478
119.654
3W,294
14.835
21441
35.758
484.933
U441
35.758
543.132
505.129
CURRENT ASSETS
Siocks
Deirtor5
Cash at bonk arKI in haml
10
4.379
1.153
331.786
4.379
2.082
749
375.395
15.055
337.318
15.055
352.374
378.226
CREDITORS
Amounts fallin¥the witkn'n or
12
{lJ861
IlJ861
11.320)
NET CURRENT ASSETS
335.932
15.055
350.988
376.￿6
TOTAL ASSETS LESS
CURRENf LIABILITILS
820.865
37.496
35.759
894.120
882.035
r A&SETS
820,865
37.496
35.759
894.120
882,035
Fuf4DS
Unresiricied funds
ResInc￿d fuJyl%
Endowment funds
13
820.865
37,496
35.759
39.066
34,858
TOTAL FUNDS
894.120
882.035
Thr fiTtancial slat¢Jn¢￿$ Wtre apwivtd by the Boatd of TnL#ets *)d frr issue
athl were signed on lis behalf by".
3rd ApKil 2025
L ffioLLl&ncL
L R IMouland- Trunce
fonn w ofihese fin*Kial sta*ments
Page io

Not¢s to tb¢ Flpaodal gatemeAts
for tke Ytxr Endtd 31 Decembtr2024
LECAL FORM
SherErf)me Museurn 15 a chJritsbl¢ inc¢MWK3I￿ ￿ga￿l$all0￿ {CIO) for I￿ wbli¢ benefii and rry1s￿red with ihe
Chan'ly c¢JMmi￿l0n in England Waks. The 15 page 6.
ACCOUNTlkYC POLICIES
Basis of preparing the fiun¢i•l st*ternewts
The financial *aiemenls of the chariiy. which ts a wbli¢ it￿rit tythily FRS 102. have been prepated in
aceordarKc with the Charities SORP {FRS 1021 'Attouoiing and ReFM)rting by ch￿illes.. SuiemeDI ol
Recommemled PTaUiC¢ applicablc to charities preparing thur accounts In acu*dantt with Ihe Fit)ancial Re￿Ing
sth￿rd applicabl¢ in the UK *id RyJbli¢ of ITria[￿ IFRS 102) letTeJive l JartLOry 20I9Y. Fimncial Rerx)ftin
s￿l￿1a[d 102 Tr Fi[W￿￿1 RyTling &aTth¥d 3tvli¢abi¢ in Ihe UK and Republic ofireLaL¥I and Ihe Chariiie5 Aci
?011. Tr rinancwl statcTr￿ lrni TweTwrd utKkT the hisioital eosi conveThtiM, with th¢ exccpiion of
invcslrnent5 which are itKluded ai mathi yal￿ as M￿lf￿ by the Yevaluaiion ofcertain assths.
Intome
All incom¢ is r¢¢ogoised in ik Siaiemetli of Financial Atiiviiies otKe the chaTiiy has eniiilemert ￿ the fuTKls. it is
bable ihal the incozne ￿1] be teceived and the anKnmi can ￿ mea5urd rcliably.
Grant$ {in¢ludirtg governmthi gyantsl shall k reco¥nised in rrofii Ioss on a $￿e[nati¢ b*sis over ihe periods in
which Ihe eniily recowses as exrThes Ihe relwed c￿$ frrwhich ik gran15 IT11¢nd￿ io
Exptnditm
Liabiliiies are recognised as ex￿dit￿re a5 s￿n as there is a legal or con5truclivE obligation eommillin¥ ihe ¢hariiy
io thai expeL)diiwe. 1¢ is wobable Ihal a transfer of ecotw)mic knfits will bt req¥ir¢d irt settlement and Ihe amouni
of obligaiion can bc M￿u1rd rEliably. EXF￿￿11￿¢ is a¢¢0￿￿1¢d for 00 on a¢cn#l$ ￿lS and has been elassifled
￿t￿r headings lh￿ aggr¢gatc all cost T¢iat¢d to cdtegiry. Whue costs Can1￿ be th"recily attributed ￿ particular
headin85 they have becn allora*d to *tiviiies on a Eosi$oxtsisi•ht wilh use ofyt￿￿rees.
T*ngilAt fixed 4set$
Fixcd a55e15 wr¢ ￿VI¢wed amuaily for IT￿1¢4￿￿ of inyimmt aThl r¢Valu￿l￿S are reco8nized ihere is a
nLlterial diffetence between an &8set's catrying valL* its far valuc.
Fr¢¢hold prop¢tty is ￿ld in th¢ a¢crM)ts on a r¢valuatiw Iwi&
Wiihin the items ￿tegOris￿l under Fixiures and Fillirbgs there are iwo assu ryFKs which Fumilutr aTd Filling5
artd Electr￿al Equipmcni. These areikweeia*d 0￿r ik cAlma￿d u5efu] lile ofihe asset al the [01h)￿n¥ rates:
Fumiiure and FLlling5- I¢P/o Strdight line deprecialion
Elecirical EquiprrKni- 2LY/o 51raighi line deweciwion
A capithlisatv)n p)licy h•s been sd by th¢ inty*es tha any ovtr £250 aNI with a ￿tful economic life of over 3
yrdrs will bcron5i¢J¢T¢d for witslisotion.
Stotks
Si￿ks valucd at the lowcr of or tralisabl¢ vaJy¢, ats tmking allowarKe IA>solete and slow
Movin￿ iiem& on a FIFO E4Si&
Taxation
The ¢haTity is exempt from its charikble auiviti
Urw¢siii¢ied ruthl$ Can be used in acC(￿￿tte with tr charrtable obieaives ai ihe thScrd1L￿ of t￿ trustres.
Pa8cII
coniinued...

N•te5 to the FinanaAI St*ttrneDts- eontinmed
ror the Year EAdtd 31 Deternber 2024
ACCOUNTIYI G POLICIES- CODlill¥ed
F¥•d
Restricied can only for partioJ13r re#ria¢d pur￿￿ within the obi¢<ts of the ¢h*iry. Resiri¢tiOJLS
arise when specif￿￿ by ihe (k)￿r or when fiuM15 are raised f(Ypattiwi¥ restriC￿d P￿pE15t5.
E￿k>￿n¢Tht fund5 are not ¢l￿dIbl¢ and any ir*oTne a¢om)ulai¢d ficth uivestmeNS held ate lo ihe
Honorarium AccunwLiicd I[Wr￿ Fu￿L
Fwilww>ian*I￿ ofihe n¥w¢ aTrJ PUryk)se of ¢ath fut¥i t5 in the Me5 10 the fina￿la] sthtements.
14v¢$tments
Invtstments are reco8nised initially at fair value whidl is Thxrnally the ITat￿l￿ price excludirtg irnnsKti(xi costs.
Subsequemly. ITrw measured ai fair Wdlue with changes TecoBni5cd in '￿t ￿47￿￿[￿￿¢5) on inv¢stm¢nt$" in ihe
Sthiemeni of FirtswKial Aclivities if the 5hare5 are ￿l¢lY trad￿ w thcir fair value can i)thetWJ5e be n￿s￿red
reliably.
CAih #t b*nk IJ•
Cash at bank and cash in hoTKI in¢lth ¢ash athl SI￿ tem) highly liquid investments with a short matwiiy of
three rnornhs or le55 from the datc of acquj5ili(￿ orowing of thc dwil Ot simiiaraccouni.
Deblors
TrddE alld thher debtors are re£08n￿ed * Ihe sd1len￿i amount knafterany di5cowll offer￿.
Pr¢p3ym¢nts valttd * theamoum ofany wade di50JJnts due.
Creditors
C￿dItorS rwnised where the chaniy kn a Fyesem resuliing evctth that will wobably
JEsthI in Ihc Iransfer of fvTrJs 10 a thwd rArty aThl awwjuni io seule the Obligati￿ ¢an be me&sured or
esiim*ed reliably
OTHER TRADING ACTIVITIES
2024
2023
FutKlrnising events
Shop income
Ren¢al Income
1.675
5.539
6,231
2.931
4.782
13,445
13.713
Page 12
C￿lI￿￿e￿..

SkErknrMe
Yotr5 to the Fin•wcial StAternen¢S- ¢(Illtitiued
lor the Ye¥r EDded 31 Decrmber 2024
INVESTME1￿ INCOME
2024
2023
DivKlend 3fLd BaNk In¢ucst
15.253
10.930
SUPPORT cosrs
Govetnance
cos
Chaniable Aciivities
1.386
For the yeart￿d 31 De¢¢mber2024. Itmkpthii Examirtts. ftts i(kn]led £1 J86 (2023.. £1.3201.
TRUSTEES. REMUYI ERATION knND BEYI EFITS
Th¢re wtte no ¢TU51ce5' remun￿all0Tr or th benefits fty y￿r 31 D￿eMber 2024 for the year ended
31 December2023.
Trnsttts, expensej
Trus*esreceived reimbWSw￿ fc*expw In1￿year eThled 31 December 2024 iothlling £331 {2023.. I505}.
COMPARATIVES FOR THE sfATEMENf OF FINLYCIAL AcfiviTILS
uN¢str￿ted Resthcied
Endowmeni
fund
T(*al
futhl$
INCOME AND EP*DOWMENTS FROM
Donaiiw$ and le8aci¢s
lJ.378
20392
33.970
Other ty•1ing J¢iiviii¢s
Inves1n￿nE i￿ome
13.713
8.837
13,713
10,930
2.LW3
Total
35.928
22.685
58.613
EXPENDITURE OY
Raising funds
4J04
4504
Chartt*bk ￿livItIeS
Chantsblc Activiiies
52.435
16.595
69.030
Total
56.939
16.595
73,534
Nd gains on ￿v¢s1￿￿
4J07
1.594
2.524
8.425
INCOMFJIEXFEPIDJTURE
Transfers between funds
{16.7041
1534}
7.684
534
2.524
(6,4961
Net moverneol IA fuods
Il7.2381
8218
2.524
16.4961
P4e IJ
conlinued...

Y•te5 to iht FIMNei•l &•iemettts- eoAtlA*ed
fw ¢he Year 31 Deternber 21124
COMPARATIVES FOR THE STATEMENTOF ThYANCIAL ACTIVITILS-
u]w￿rICtEd
RcstrKlcd
Endowtnenl
fund
Tottl
funds
RECONCILIAT10YI OF FiJNDS
Totsl funts brrML8hi forward
825.349
30.848
32J34
888.531
TOTAL FUNDS CARRIED FORWARD
808.111
39.066
34.858
882.03$
TAPICIBLE FIXED A&SETS
Fixiurts
Ftrehold
fillin8S
T￿815
COSTOR VALVATION
Ai l January 2024
Ad¢tiiions
ReVaI￿li0r￿S
370.1XKI
112.642
15.684
482.￿2
15,684
25,0(Kl
Ai 31 December 2024
395.(KMI
128.326
523J26
DEPRECIATION
At l January 20?4
Clwye fwy¢ar
92J48
92J48
7.5(
At 31 Dettmbet2024
99.848
99.848
NET BOOKVALUE
Ai 31 Decemtr*r 2024
395.1
28,478
423,478
Ai 31 Lkcth2023
370.IXKI
2Q.294
39),294
C05t or valuation ￿ JI De£emkn2024 is repKc5rntaiEy".
Fixtures
Frteknld
filting5
Totsls
Valu41ion in 2018
Valuation in 2024
370.¢
25.(MKI
370.0
25.¢XbO
128,326
128.326
395,(XX)
128.326
523.326
Page 14
coniinued..

SherbDrNe Mw5¢4
Note5 to tke FinaAei*l S¢alemeThts- rontinved
for lh¢ Y¢Ar Ended 31 Deternber 2024
FIXED ASSET INVESTMENTS
List
Lt)vestmw*s
MARKET VALUE
Al l JatLW 2024
RevaluaiithLS
114.835
4.819
Ai 31 De¢ctnlrr 2024
119.654
NET BOOK VALUE
Al 31 DecernEfr 2024
119.654
Ai 31 LkcemE¢r 2023
14.835
10. STOCKS
2024
2023
S￿￿&5
4,379
2,082
ii.
DEBTORS.. AMOUNTS FALLING DUE wmiiN OI%E YEAR
2024
2023
herdebiors
PLEpayments and a¢crued i￿ome
304
749
1.153
749
IL
CREDITORS: AMOUNTS FALLING DUE WITHIN OIYEYEAR
2024
2023
AccnaaLs and defetTtd
lJ86
1.320
Page 15
continued...

Notes to tb¢ Fkn*•cl*l Stsleme*ts- eoAtio•ed
lor iht Ye*r Ended 31 Decewbw 1024
13.
MOVEMEP4T IN F￿NDs
Nd
TransfcT5
Ai
31.12.24
Atl_1.24
in fuT¥Is
Unre5trirled funds
GetThl fLM
Major Repair Fund
Capiial EquiprTMUlmwovem¢nVA¢quisi
Fund
M￿rn Enhanc￿￿[ Futhl
COVID-19 F￿d
oUtr￿h F4uipmcAt
414239
37,198
(20.4911
4SI.437
29.970
46.481
295.570
424
93J
1.823
{5.4131
48,304
2￿.157
424
573
(3601
12.754
820,865
Restrkted
Honorarium ACCum￿la￿d I￿0￿¢ Fu￿1
corls￿alIt￿l
S[￿1￿] Exhibitions & EvMts
D¢vclopneni of ihe N'aiutal HI￿ory RcKmn
Enha￿ement of Ik Oral History Coll￿10n
Wasps Nea
A￿hlY11)s fut)d
33.515
403
1770
31
1401
36.28$
577
143
13241
iio
143
(1431
434
534
4.531
14.4311
(1.5701
37.496
Honoranum CarAial
34.858
35.759
TOTAL FUNDS
881035
12.(*5
894.120
Page 16
ef￿11￿￿ed...

Not¢s to lh¢ Flo*tydal Statements- tontinued
for tht Ycar EThled 31 Dettrnber 2024
13.
MOVEMEPtT IY FUNDS. rw¢SnTAed
movemeni in fuMls. includ¢d in ihE ab)vc are45 follows:
Gains and
losses
Mov¢meN
¢xpid¢d
In
Uore5trided fmnds
General fur
Major Repair Fund
Capjial EquipnKntnniwovement1Acgui￿tl
Fw
Mu5¢uwn EnhaDE¢m¢nt Fund
Outr¢ach Equiwn¢nl
?th,137
(14,084)
(28.623)
25.145
37.198
120.4941
1.817
9.447
Q.6151
{l4.8601
I3￿)
2.621
1.823
15.413
(3(Al)
44.941
{￿)421
28.355
12.754
R¢MTl¢ted furtds
HonoTWiUrn A￿U￿wIllIed IKom¢ FuE¥l
CO[￿r¥alK)n
Special Exhlbilir*￿ & Events
Wasps Ne
A[Chi￿n¥ fund
2.207
31
563
2.770
31
1401
100
14,4311
(401
14.4311
2J38
14.471)
563
11.5701
EndowmeAt f*Mds
Honorarium Cawial
901
TOTAL FUIYDS
47279
(65.0131
29.819
12.085
P4BE 17
Cominued...

N•tes t• the F￿￿¢1#1 &*ttrnents- ¢OMti**ed
for lhe Ye*r Endrd 31 Drttmber 2024
13.
MOVEMEYT IN FUNDS- ¢•#tlA*td
Compargtive5 for Jnovemeni kn funds
Transfers
AL
31.12.23
Ai 1.1.23
in fuThJ5
Unr¢strf¢t¢d
General fund
Major Repair FutKJ
Capital EquipmenVlMTxovemerA.'Acqui￿lIOD
Fund
423.033
52263
{8.260)
{1,799)
15341
414.239
50.464
44.973
1508
(9.086)
46.481
295.570
424
933
COVID.19 Fund
Oyir¢ath Ewipment
424
933
82S.349
{16.7041
15341
808.111
Restiirttd fllnd5
Hot￿rariUM Aecumul*ed IKome Fut
ConseThaiion
s￿claI Exhibilions & Evenis
Dcvcl¢)pm¢ni of ih¢ Nalur41 H￿Ory
Ellhancemenl oftlroral Hiyory Coll¢di
Wasps Nest
knkn"vin¥ fut*l
29.9)1
330
3.614
73
33.515
403
iio
143
143
{5341
4.531
534
4.531
534
39.066
Endowrnent funth
H￿(￿an￿M Capmal Fund
32J34
34.858
TOTAL FUkYDS
888.531
16.4961
882,035
Page 18
¢Mtinued..

ShEthJrne
to ¢be fiD¥Drial StAt¢mthts- ¢oAtlnu¢d
for the Ye•r Endcd JI Dtrrmber 2024
13.
MOVEMENT IN FUYI DS-tMliA¥ed
Ctxnp4rntiv¢ oei ￿￿em￿l in [￿d$. in Ik knvc or¢ as follow5..
Incomin
Gains and
Movemeni
funds
Uore51rirted f￿ndS
Gen¢ral fw
Majar Rcp31r Fund
Capiial EiwipmenL.ImwJvemen￿AeqUiS1l10n
F￿d
Museu¥n Enhancement FLbnd
0￿reaCh Equipmeni
20.475
7.130
(292811
{10.6(kn1
(8,260)
(1.799)
1.677
1.749
5.574
12,3251
14.6fAJI
167)
2.084
1508
(9.0861
933
35.928
(56.939)
4.307
(16.704)
Reslrkttd fynds
Honoranum A¢¢unMLlaied Income Fu￿1
CMsth*ion
Wasps Ne
knhiving fund
2mO
73
1.594
3.614
73
15341
4,531
(1.4341
19.W2
22.685
{l6J951
1.594
7.684
EAd•wAK*t fuAd5
HoTKJfdriumCapiial Fw
2.524
2.524
TOTAL FiINDS
58.613
[73.5341
&425
(6.4961
Page 19
continued..

Ntste5 to th¢ Fw*nei*l St•ternents- cwtinwd
for the Yur FAded 31 Decewber 2024
ij.
MOVEMENT IN FUNDS- eMtim*d
A cumi year12 month5 a￿1 pnLYye¥r 12 nxmths combiKd w5111(￿ is as folhjvs..
Net
Trdnsf¢T5
bdwttn
fLmds
At
31.12.24
Ai 1.123
infu
Unrestritled funds
General f￿d
MaN>r Rcpair FuThl
Capilal EwipmenVlmwovemen¥'Acqui*iion
Fund
Mus¢urn EnhanccrnEnt FuThl
COVID.19 FwLd
Ouire¥th Equipm
423,033
52263
28.938
(22.293)
{5341
451.437
29,970
44.973
3.331
(14.4W)
48.304
2W.157
424
573
424
573
825.349
{3.9501
(534)
820.86$
Re5tritted tulld5
Honorarium Ae£wLwlaied I￿)mC Fund
Conservaiion
Special EKhibition5 & Evenls
D¢v¢lopm¢nl of th¢ Naiulal Hbstory Ro(
￿nhat￿c￿￿Trt of the 0￿7 History Colledm
W8$ps Nest
Ar¢hivin8
29.901
330
6384
36.285
577
143
(3241
(401
143
11431
(4341
534
114
534
37,496
EndowmeDi fuAds
H￿OrgI1￿M Capiial Fu￿1
32.334
3.425
35.759
TOTAL Fuf4DS
888.531
5J89
894.120
coniinued...

Noles ¢0 th¢ FJn•M¢l•l S(•ttm¢nts- ermiinM¢d
forthe Year EndEd 31 Dct*mbtr 2024
MOVEMEJYf IN FUYDS- comliD¥ed
A cutteni ￿ 12 months wior year 12 M￿lh5 cornbiKd nd movemem in fu￿$. in¢luded in ihe above are
follows
Gains and
ID&S¢S
Movemeni
in funds
Unre5trkted
General fwml
Major Rq)aiT Fund
Capital EquipmEnUIrnwovemcnVAcquisitioii
46,612
14.670
143.3651
139.2291
25.691
2266
28,938
{22.2931
14.9401
{29.5201
1427)
4.705
3.331
114.4991
57J
Mus¢um Enhan¢¢m¢ni
Outrcxh EwLwneni
15.021
i.oc
.869
(117,481)
32.662
{3,9501
Restricted fuThd5
Flonornrium Actumulaied Income Fund
Covs¢TVatLon
SFttial ExhibJiÈons & EvthLS
Wasps Ne
Ar¢hiviE)¥ futwA
2.157
6,384
(40}
11.434}
(19.5921
1401
4341
100
I,O(Ml
19.692
25.023
{21.(kn6)
1157
6.114
ENdowm¢At fmods
Honoyarium Capiial Fund
3.425
3.425
TOTAL FUJYDS
105.892
(138J47)
38244
5,589
Page 21
conlinued...

io the Fi•*#flal S￿t¢￿t•ts- ¢ontlu•¢d
f•r the Year F￿ded 31 Ikcerttber 2024
13.
MOVEMENT IN FUNDS-
Mxjor Repalr Futtd . ThLS is an unrestricteit dwed fi￿d. This fimd by thc 10 crcatc ready
repairn M￿st￿m.S freehts￿ tAY4Xrty, srttifully all expenses tEl*ive io ihe flai aLY] all repairs 10 rhe
buildin¥s". ekciri¢al wirin& plumbin& heatin8 and fabric of ihe tXLildins& All reni from the flai is crediied ￿ ihis
rund.
Capltal Improvement *Dd Acq•isiti•m - This is an unrfsiric￿ thsi8naied fund. The tf5kdw of a major
legacy. Ihis furld was str up in ordcr fiNwJs which CLNdd k u5¢d for th¢ P￿h3$y of ¢apitsl quipmeni
where no granl &gn be obtsined arvj immediwte wchasc is ner¢55ary. Authori5Jtion by th¢ tTu*r5 for stxcifsc
pwcha5es 15 wJvi5vL li earns irK¢Jm¢ by way of divi(kThJs fr(￿ Invests￿ bank irtteIesL
Hothor*rfum C•plf*l wi¢al of the em*)*YJ￿l fimd is ￿lIable for m￿￿e￿M use. However, ihe
irKoft*on ¢hi$ r￿d is ￿reTI¢d ioto th¢ Hr*M)Miwn
Hothorarlun) A¢¢¥tyylatrd In¢om¢ fmm the H0tmxari￿n Capitsl Futml is Irnisfe￿ed into Ihis fuNI
from whi¢h a transfer may be m* ￿ &e￿[al fw)d auihxisation by the T￿￿ee5 ￿ ¢￿tribUte ￿ wage&
5aknes and honorana.
Museum EAknncemeAt FU￿ . This is an this￿ed (￿￿. Thi5 firN] 15 made ￿ ofo [￿e legacy leti
ihe M￿￿M th* the inMee5 knve thci(kd io sdasidc w Tllakc major iryTovcrncnts ￿ the murn.
ConservAti•n - For corb5¢￿i0n wJpiic5 atMI rnay (wjr. main￿1n1ThB and safely displaying any
artefacts Ihai have thnai
Speci#i exhibitiO#$ Ithd Evemts - Thi5 is u*d to thibiiions aml events thAt fall outside of the
gCr￿3[ TUllnill¥ ofihe JnuseuTh.
Dtvelopm¢*t of Natural HlstfA7 Roow . This 1$ 8 hRMI xt aside to inyove srK¢ifi¢ r(Kbms ￿thin the museum
which vis110ts aboul lttal E) atural hisiory.
Enhafj¢¢mMt of Oni Hbtsry CoiletliDn - This is a fiM¥J ￿ Wp imwove ￿￿1 expand Ihe LKal hislory collection of
Ihe M￿e￿n￿ which consisLS ofaudio in krview5.
Covh>19 - Thi5 is a fwwj to hdp the rnu5ewn through Covid-19 pNrwkmic and covu any exceptional rnsts
I￿￿TTed.
Outreach Eqiipmewl . asidr by th¢ Tn￿¢¢$ for ￿p￿th￿g thkne8¢h and thlks programme equipment
{5uch as pwch3sing a digithl p)intr. r¢thl. The moniE5 ￿ thtived f¥oJn an ullr¢51ti¢ied
kgacy from fozrner member aThJ volunieer, Cornl Bromdl.
W¥5P5 Nest . a grant fr(xn &xLth Wc4 Muscwn Devel4rn1l a￿1 C￿￿11 En812nd to consetve display a
large historic nesL exhibiied in the Naiwal eallery.
AT¢hivlllg Fy•d _ a gmi fmm tknet Courtil io diyiise and make rR*plicly *eessibie our l¥Be colledion of glass
piaie ne8atives.
Tran5ftrs between fTA•th
A transfer has iakcn pixc beNvccn the EnhaTKrni of the (knl HistLKy Colkcli(WL r￿K1 •nd the CffiServ￿lort fvnd
10311ow for coniinuvj mainl¢DaTKC of tk rolkc1i￿1.
Page 22
C￿lill￿ed...

i ote5 to the Fifvw*ei*l StAt¢mmts- ¢ontl*wd
fortknt Year Ended 31 De£Ember 2024
13.
MOVEMED￿ IN FUYI DS- eoJJfiDued
TT¥n5fer5 betweeu fw*ds-fowtlty•¢d
A IransfeT ha5 tsken ￿a¢¢ t¢iw¢en the s￿ela1 Exhibiiion & fund. the tkvel(ymcnl of ik Naluraj Hi510ry
RLV)m fund and the Wa5P5 N¢￿
14.
RELATED PARTY DISCLOSUR
Elisabdh BldsoE was T¢ITnE￿rScd fty expcnses in yeat to&lling £251 12023.. £5241 for her sUViCC5 AS 4 fittlan¢e
euraior and wa5 paid £14.800 {?023: £14ffj0013s a forher semces as a curdts>r.
Dwing the year ewjed 31 De¢unl*r 2024, thttt thtstees {2023: thwo) d￿￿ted a of £210 (2023.. £105110 the
chariiy.
P4e 23

Detsiled Statement af F￿ncIlI Artivilie5
for the Ye*r E￿Ied 31 December Z•24
2024
)23
INCOME AND ENDOWMENTS
DgDatioDs and leycieJ
Donations
GIR aid
Le8aeies
Grants
SthscriNions
5.543
305
4.759
859
l.O(MJ
25.592
1.760
IQ913
1.820
18381
33.970
Other tr￿1￿8 *ttivi¢ie$
Fth)draisin8 events
Shop i￿Ome
Renwl Income
1.675
5.539
6231
2,931
4.782
13.445
13,713
Invest1￿￿t Intorne
Dividend 4tKI Bank Iniere
15.253
10,930
T•tal regJMrtt5
47.279
58,613
EXPENDITURE
(hker tradlllg a¢￿Vi￿
(Wing st(M*
Putrhase5
C105ing st￿k
2.082
5.229
14J79)
1.453
5.133
12,0821
2.932
4.504
Ch¥rltable Arfivltle5
2.659
1.421
2.421
1.204
Pos¢ag¢ atml statity
SyndTiCS
EAhibiiion & Constr￿1
Establishment Chws
Ptsbliciiy
(hLiill8s and Events
Sthonlraclor fees
Maintcnanc¢ Char
Fixture5 and fitlin8S
17,708
6,838
810
1.032
14.6
16.426
5,552
6.957
631
911
14.800
19,352
7.5(Kl
60.695
67.710
This rAgeikK5 n¢M fomi rAn of the fina￿131 5weffler
Page 24

Ddailed S¢*iemtnl of FiuThci*l Activsties
ror tht Ye*r E￿d 31 Iktejmber 2•24
?0?4
2023
Support Costs
G•v¢r*•#¢¢wsts
A(c(￿￿t￿ aT￿ leyl fcc5
1.386
1.320
Toial Tes(wtts expathl
65.013
73.534
Ntt txpthdilurn btftsrt g•lAs •#d l•ss
(17.734)
114,9211
R¢•lised rttogffjl$ed E*&45 l•sses
R¢alis¢d gaiTk%,'Iloss¢sl on fixed assei inveynKnts
4.819
8.425
Ne¢ expenditure
112.9151
16.4961
Thi5 pgeth¢5 Fwt ofthe fir¥anrwl *at¢rnEnts
Pase 25