.IIRIS Digitally Signed Document Do¢umenl ID.. IDI 1226DAOF211 Document Details Filename: 2025 W0773 Final signed set.pdf Client of: Nicholsons Accountants Liinited Signature Details Joanne Brown Email: jlbOwnicholsonsca.co.uk Date & Time: 1911212025 11..56..12 AM (GMT) IP Address: 188.240.189.146 Joanne Blowi] confirms that the infonnation is Signing Statement: eotTect and complete to the best of their knowledge and belief. Digital Certificate The approved PDF file has been digitally certified.Please check the Digital Certificate information in youi PDF viewer to verify the DibFitsI Certificate authenticity and the PDF has not been tsmp¢r¢d with. On behalf of: Nicholsons Accountants Limited PDF digital certificate: IRIS Software Group Limited Digital certificate issued by: Globalsign Please keep a copy of this document for your records.
.IIRIS Digitally Signed Document Do¢umenl ID.. 8AD04E9E4CF6C4 Document Details Filename: 2025 W00773 full for sig 17.12.25.pdf Client of: Nicholsons Accountants Limited Signature Details Name: Pdul & Lind¢i Britchford & Leighton F.mail: paulandlindabO&hotmail.co.uk Date & Time: 1811212025 18..49..15 PM {GMT) IP Address: 165.120.25.42 Pdul & Lindd Britchford & Leighton confirnis that the infunallon is cotr¥ct and Lompletc to thc bcst of tlieir knowledge and belief. Slgnlng Statement: Digital Certificate The apprtsi'ed PDF file has been digitally ¢ertified.Please check the Digital Certificate information in youi PDF viewer to verity. the DigFittLI CertifiLdte authenticity and the PDF has not been tampered with. On behalf of: Nicholsons Accountants Limitcd PDF digital certificate: IRtS Software Group Limited Digital certificate issued by: Globalsign Please keep a copy of this document for your records.
REGISTERED COMPANY NUMBER.. 11100970 (England and Wales) REGISTERED CHARITY NUMBER: 1176638 ort of the Trustees and Financial Ststements for the Year Ended 5 A ril 2025 for We'll Meet A ain Museum Ltd
We'll Meet A ain Museum Ltd Contents of the Financial Statements for the Year Ended 5 A ril 2025 Page Report of the Trustees Independent Examinerfs Report Statement of Financial Activities Balance Sheet Notes to the Flnanclal Statements 6 to 12 Detsiled Statement of Financial Activities
We'll Meet A ain Museum Ltd Re ort of the Trustees for the Year Ended S A ril 2025 The Iruslees, two of whom are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 5 April 2025. The Iruslees have adopted the provisions of Accounting and Reporting by Charib"es' Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial ReF)Orting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191. OBJECTIVES AND ACTIVITIES Objectives and aims To provide a unique, hands on WW2 Home Front and Home Guard experience in a friendly environment. To enhance the knowledge of local and national heritage on a site of historical importanee and to provide a fully integrated visitor experience whilst enhancing the local tourist economy of Boston and its environs. Our Charitable purposes remain the same as our constitution and we have during the past year maintained our faith in attempting to deliver a unique WW2 Museum and experience for the benefit of Lincolnshire and ils surroundings. The new virtual reality Avro Lancaster experience has been mel with good reviews and has added to the experience of the museum. The trustees have considered the Charity Commission's guidance on public benefit, including the guidance 'public benefit.. running a charity IPB21'. FINANCIAL REVIEW Reserves policy The Trustees, ongoing reserves policy is to maintain free reserves lunrestricted net current assets) at heeen three lo six months of operating expenditure which equates lo £30,000- £60,000. At this level, the management committee feel that they would be able to continue the current activities in the event of a significant drop in funding. The charity had a F)OSitive free reserve of £110,426 al the end of the period. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing document, a deed of Irusl, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 11100970 (England and Wales) Registered Charity number 1176638 Registered office Shore Road Freiston BOSTON Lincolnshire PE22 OLY Trustees Mr P B Britchford Director Ms L A Britchford Director Mr L Jenkins Mr D Avison Mr A Barker Mr G P Overton MrR Tory Page 1
We'll Meet A ain Museum Ltd Re ort of the Trustees for the Year Ended S A ril 2025 REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner Nicholsons Chartered Accountants Newland House The Point Weaver Road LINCOLN Lincolnshire LN6 3QN This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. Approved by order of the board of trustees on and signed on its behalf by.. Ms L A Britchford - Trustee Page 2
Inde endent Examiner's Re ort to the Trustees of We'll Meet A ain Museum Ltd Independent examiner's report to the trustees of We'll Meet Again Museum Ltd {'the Company.) report lo the charity trustees on my examination of the accounts of the Company for the year ended 5 April 2025. Responsibilities and basis of report As the charity's Iruslees of the Company land also its directors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 {'Ihe 2006 Act'i. Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 I'the 2011 Act'l. In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145151 Ibl of the 2011 Act. Independent examinerfs statement I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause lo believe.. accounts'ng records were not kept in respect of the Company as required by Sects'on 386 of the 2006 Act., or the accounts do not accord with those records,. or the accounts do not comply with the accounting requirements of Section 396 of the 2006 Aet other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination., or the accounts have not bèen prepared in accordance with the methods and principles of the Statement of Recommended Practi for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn In this report in order to enable a proper understsnding of the accounts lo be reached. Mrs Joanne Brown ACA Nicholsons Chartered Accountants Newland House The Point Weaver Road LINCOLN Lincolnshire LN6 3QN Dale". Page 3
We'll Meet A ain Museum Ltd Statement of Financial Activities for the Year Ended 5 A ril 2025 2025 Totsl funds 2024 Total funds Unrestricted fund Reslricled fund Notes INCOME AND ENDOWMENTS FROM Donations and legacies 81,825 81,825 87,192 Charitable activities Charitable Activities Grant Income 54,089 54,089 28,022 58,625 56,978 28,022 other trading activities Other Income 19,644 1,115 19,644 1,115 16,771 1,096 Total 156,673 28,022 184,695 220,662 EXPENDrruRE ON Raising funds 15,752 15,752 10,979 Charitable activities Charitable Activities 98,159 7,292 105,451 104,204 Total 113,911 7,292 121,203 115,183 NET INCOME 42,762 20,730 63,492 105,479 RECONCILIATION OF FUNDS Total funds brought forward 113,028 49,235 162,263 56,784 TOTAL FUNDS CARRIED FORWARD 155,790 69,965 225.755 162.263 The notes fom part ofthese financial stslements Page 4
We'll Meet A ain Museum Ltd Balanee Sheet ril 2025 2025 Totsl funds 2024 Total funds Unrestricted fund Reslricled fund Notes FIXED ASSETS Tangible assets 12 45,364 21,875 67,239 80,264 CURRENT ASSETS Debtors Cash al bank 13 18,143 114,287 18,143 162,377 324 105,231 48,090 132,430 48,090 180,520 105,555 CREDITORS Amounts falling due within one year 14 122,004} 122,0041 123,5561 NET CURRENT ASSETS 110,426 48,090 158,516 81,999 TOTAL ASSETS LESS CURRENT LIABILITIES 155,790 69,965 225,755 162,263 NET ASSETS 155,790 69,965 225,755 162,263 FUNDS Unrestricted funds Reslricled funds 15 155,790 69,965 113,028 49,235 TOTAL FUNDS 225,755 162,263 The charitable company is entled lo exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2025. The members have not required the company lo obtain an audit of its financial statements for the year ended 5 April 2025 in accordance with Section 476 of the Companies Act 2006. The Iruslees acknowledge their responsibilities for lal ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and preparing financial statements which give a true and fair view of the stste of affairs of the charitsble company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise Comply with the requirements of the Companies Act 2006 relating lo financial statements, so far as applicable lo the charitable company. Ibl These financial slalements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on and were signed on its behalf by.. Ms L A Britchford - Trustee The notes fom part ofthese financial stslements Page 5
We'll Meet A ain Museum Ltd Notes to the Financial Statements for the Year Ended 5 A ril 2025 ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP IFRS 1021 'Accounling and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191,, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. Income All income is recognised in the Statement of Financial Activities once the charity has entillemenl to the funds, it is probable that the income will be received and the amount can be measured reliably. Government Grants Government grants which have been accounted for under the performance model are recognised when it is reasonable lo expect that the grants will be received and that all related conditions will be met. Government grants which have been accounted for under the accruals model, in respect of capital expenditure are recognised within income on a syslemalic basis over the expected useful life of the asset. Government grants which have been accounted for under the accruals model in respect of a revenue nature are credited lo income so as to match them with the expenditure to which they relate. Expenditure Liabilib"es are recognised as expenditure as soon as there is a legal or ¢onslruclive obligation committing the charity lo that expenditure, it is probable that a transfer of economic benefits will be required in selllemenl and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be direclly allributed lo particular headings they have been allocated lo activities on a basis consistent with the use of resources. Tangible fixed assets Depreciation is provided al the following annual rates in order to write off each asset over ils estimated useful life. Plant and machinery Fixtures and fillings Computer equipment 250A on reducing balance 250/0 on reducing balance 33¥0 on cost Taxation The charity is exempl from corporation tax on its charitable activities. Fund accounting Unrestricted funds can be used in accordance with the charitable objectives al the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity- Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanab.on of the nature and purpose of each fund is included in the notes to the financial statements. Page 6 conbnued...
We'll Meet A ain Museum Ltd Notes to the Financial Statements- continued for the Year Ended 5 A ril 2025 DONATIONS AND LEGACIES 2025 2024 Donations 81,825 87,192 OTHER TRADING ACTIVITIES 2025 2024 Café 19,644 16,771 INCOME FROM CHARITABLE ACTIVITIES 2025 2024 Activity Charitable Activities Grant Income Fundraising events Fundraising events 54,089 28,022 58,625 56,978 82,111 115,603 RAISING FUNDS Raising donations and legacies 2025 2024 Purchases 10,047 2,960 Other trading activities 2025 2024 Purchases 5,705 8,019 Aggregate amounts 15,752 10,979 CHARITABLE ACTIVITIES COSTS Direct Costs Isee note 71 Charitable Activities 105,451 Page 7 conbnued...
We'll Meet A ain Museum Ltd Notes to the Financial Statements- continued for the Year Ended 5 A ril 2025 DIRECT COSTS OF CHARITABLE ACTIVITIES 2025 2024 Trustees. remuneration etc Rates and water Insurance Light and heat Telephone Postage and stationery Advertising 62,948 557 6,360 2,039 1,424 970 1,188 60,650 894 4,531 1,480 1,786 1,974 1,438 F 11 Repairslbuilding work Motor and travel expenses Accountancy fees Legal and professional fees Admin costs Bank fees Subscriptions Depreeiation 5,020 435 1,680 6,670 294 1,680 4,037 747 918 82 17,023 144 1,048 306 21,248 105,451 104,204 Included in accountancy fees is £412 {2024 - £4121 for fees incurred in relation lo the independent examination in accordance with the charib.es Commission SORP requirements. NET INCOMEI{EXPENDrfuRE) Net incomellexpenditurel is staled after chargingllcredilingl". 2025 2024 Depreciation - owned assets 21,249 17,022 TRUSTEES. REMUNERATION AND BENEFITS 2025 2024 Trustees, salaries 62,948 60,650 Included in the above is remuneration directly paid in relation to their work for the entity- The trustees, remuneration consists of pay relating to the tsvo directors. Trustees. expenses Trustees. expenses in the year amounted lo £3,05012024.' £3,050) relating to reimbursement of motor expenses. These expenses were incurred by one trustee. Page 8 conbnued...
We'll Meet A ain Museum Ltd Notes to the Financial Statements- continued for the Year Ended 5 A ril 2025 10. STAFF COSTS 2025 2024 Wages and salaries 62,948 60,650 62,948 60,650 The average monthly number of employees during the year was as follows.. 2025 2024 General Staff No employees received emoluments in excess of £60,000. 11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund Reslricled fund Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 87,192 87,192 Charitable activities Charitable Activities Grant Income 58,625 58,625 56,978 56,978 Other trading activities Other income 16,771 1,096 16,771 1,096 Total 163,684 56,978 220,662 EXPENDITURE ON Raising funds 10,979 10,979 Charitable activities Charitable A¢livities 96,461 7,743 104,204 Total 107,440 7,743 115,183 NET INCOME 56,244 49,235 105,479 RECONCILIATION OF FUNDS Total funds brought forward 56,784 56,784 TOTAL FUNDS CARRIED FORWARD 113,028 49,235 162,263 Page 9 conbnued...
We'll Meet A ain Museum Ltd Notes to the Financial Statements- continued for the Year Ended 5 A ril 2025 12. TANGIBLE FIXED ASSETS Fixtures and fittings Plant and machinery Computer equipment Totals COST At 6 April 2024 Additions 13,995 83,088 6,630 5,513 1,594 102,596 8,224 At 5 April 2025 13,995 89,718 7,107 110,820 DEPRECIATION At 6 April 2024 Charge for year 2,337 2,915 15,522 17,406 4,473 928 22,332 21,249 At 5 April 2025 5,252 32,928 5,401 43,581 NET BOOK VALUE Al 5 April 2025 8,743 56,790 1,706 67,239 At 5 April 2024 11,658 67,566 1,040 80,264 13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Other debtors VAT Prepayments and accrued income 5,696 406 12,041 324 18,143 324 14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade creditors VAT Other creditors Accrued expenses 737 2,858 837 17,857 2,004 19,137 2,130 22,004 23,556 15. MOVEMENT IN FUNDS Net movement in funds At 5.4.25 At 6.4.24 Unrestricted funds General fund 113,028 42,762 155,790 Restricted funds Restricted Funds 49,235 20,730 69,965 TOTAL FUNDS 162,263 63,492 225,755 Page 10 conbnued...
We'll Meet A ain Museum Ltd Notes to the Financial Statements- continued for the Year Ended 5 A ril 2025 15. MOVEMENT IN FUNDS- contlnued Net movement in funds, included in the above are as follows.. Incoming reSoUrS Resources expended Movement in funds Unrestricted funds General fund 156,673 1113,9111 42,762 Restricted funds Reslricled Funds 28,022 17,2921 20,730 TOTAL FUNDS 184,695 1121,2031 63,492 Comparatives for movement in funds Nel movement in funds At 5.4.24 At 6.4.23 Unrestricted funds General fund $6,784 56,244 113,028 Restricted funds Restricted Funds 49,235 49,235 TOTAL FUNDS 56,784 105,479 162,263 Comparative net movement in funds, included in the above are as follows". Incoming reSoUrS Resources expended Movement in funds Unrestricted funds General fund 163,684 1107,4401 56,244 Restricted funds Restricted Funds 58,978 17,7431 49,235 TOTAL FUNDS 220,662 1115,1831 105,479 Page 11 conbnued...
We'll Meet A ain Museum Ltd Notes to the Financial Statements- continued for the Year Ended 5 A ril 2025 15. MOVEMENT IN FUNDS- contlnued A current year 12 months and prior year 12 months combined position is as follows.. Nel movement in funds At 5.4.25 At 6.4.23 Unrestricted funds General fund 56,784 99,006 155,790 Restricted funds Restricted Funds 69,965 69,965 TOTAL FUNDS 56,784 168,971 225,755 A current year 12 months and prior year 12 months combined nel movement in funds, included in the above are as follows". Incoming resources Resources expended Movement in funds Unrestrictgd funds General fund 320,357 1221,3511 99,006 Restricted funds Restricted Funds 85,000 115,0351 69,965 TOTAL FUNDS 405,357 1236,3861 168,971 The reslricled fund relates to the construction of a new build hangar and the hurricane restoration project. 16. RELATED PARTY DISCLOSURES In the year, related party transactions consisted of £51,050 12024 £55,163) relating lo trustees, remuneration payable to the directors of the company in relation to their work for the entity. Included within the Creditors balance is an amount owing to the Trustee's of the Charity. Period Year Ending Ending 0510412025 0510412024 £17,857 £5,158 Balance Brought Forward Funds Withdrawn Funds Introduced Balance Carried Forward £1,280 £19,137 £12,699 £17,857 This amount was unsecured, repayable on demand and not subject lo any interest in the accounting period. Page 12
We'll Meet A ain Museum Ltd Detailed Statement of Financial Activities for the Year Ended 5 A ril 2025 2025 2024 INCOME AND ENDOWMENTS Donations and legacies Donations 81,825 87,192 other trading activities Café 19,644 16,771 Charitable activities Fundraising events 82,111 115,603 other income Solar panel income 1,115 1,096 Total incoming resources 184,695 220,662 EXPENDrruRE Fiaising donations and legacies Purchases 10,047 2,960 other trading activities Purchases 5,705 8,019 Charitable activities Trustees, salaries Rates and water Insurance Light and heat Telephone Postage 2nd stationery Advertising Repairslbuilding work Motor and travel expenses Accountancy fees Legal and professional fees Admin costs Bank fees Subscriptions Plant and machinery Fixtures and fittings Computer equipment 62,948 557 6,360 2,039 1,424 970 1,188 5,020 435 1,680 84 144 1,048 306 2,914 17,406 928 60,650 894 4,531 1,480 1,786 1,974 1,438 6,670 294 1,680 4,037 747 918 82 2,212 13,808 1,003 105,451 104,204 Total resources expended 121,203 115,183 Net Income 63,492 105,479 This page does not form part of the statutory financial statements Page 13