OpenCharities

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2020-12-31-accounts

Trustees'AnnualReport 1to
IndependentExaminer'sReport 5
StatementofFinancialActivities 6
BalanceSheet 7
NotestotheAccounts 8to

Unrestricted RestrictedFunds RestrictedFunds
Funds Building Museum
General Genera! Development Development
Fund Fund Fund Fund 2020 2019
Note £ £ £ £ £
Incomeandendowmentsfrom:
Membershipsubscriptions 1,737 1,737 2,439
Museum 2,282 2,282 12,639
Shopandcoffee barsales 1,884 1,884 9,426
Donationsandlegacies 708 708 7,616
Grants 29,911 8,500 38,411 15,000
Bankinterest 1 1 2
Giftaid 713 713 1,500
Otherincome 220
Transferonconversion 805,529
Totalincomeofthecharity 37,236 8,500 45,736 854,371
Expenditureon:
Shopandcoffee barcosts 592 592 2,866
Buildingrunningcosts 14,932 14,932 18,145
Depreciation 3,644 27,282 30,926 58,749
Financecosts
Generalexpenses 4,913 17,000 21,913 11,829
Totalexpenditureofthecharity 20,437 17,000 3,644 27,282 68,363 91,589
Netincome/(expenditure) 16,799 (8,500) (3,644) (27,282) (22,627) 762,782
Totalfundsbroughtforward 30,501 12,000 207,168 513,113 762,782 -
Totalfundscarriedforward 47,300 3,500 203,524 485,831 740,155 762,782
2020 2019
Note £ £
Tangiblefixedassets- Heritageassets 6 687,792 718,718
Currentassets
Stock 3,065 3,165
Debtors 7 300 1,872
Cashatbankandinhand 50,444 42,613
Totalcurrentassets 53,809 47,650
liabilities:
Creditors:amountsfallingduewithinoneyear 8 1,447 3,586
Netcurrentassets 52,362 44,064
Totalassetslesscurrentliabilities 740,154 762,782
Thefundsofthecharity:
Unrestrictedfunds
GeneralFund 10 47,300 30,501
Restrictedfunds
Generalrestrictedfund 10 3,500 12,000
BuildingDevelopmentFund 10 203,524 207,168
MuseumDevelopmentFund 10 485,831 513,113
Totalcharityfunds 740,155 762,782

Recognitionofincomingresources TheseareincludedintheStatementofFinancial
Activities(SoFA)when:
-thecharitybecomesentitledtotheresources;
-itisprobablethattheresourceswillbereceived;and
-themonetaryvaluecanbemeasuredwith
sufficientreliability.
Incomingresourceswithrelated Whereincomingresourceshaverelatedexpenditurethe
expenditure incomingresourcesandrelatedexpenditurearereported
grossintheSoFA.
Grants,donationsandlegacies GrantsanddonationsareonlyincludedintheSoFAwhenthe
charityhasunconditionalentitlementtotheresources.Grants
imposingperformance -relatedconditionsarerecognisedas
incomeonlywhentheperformance-relatedconditionsaremet.
Taxreclaimsondonationsandgifts Incomingresourcesfromtaxreclaimsareincludedinthe
SoFAatthetimethatthetaxreclaimsarereceived.
Volunteerhelp Thevalueofanyvoluntaryhelpreceivedisnotincluded
intheaccountsbutisdescribedinthetrustees'annual
report.

Assets
Tangibleassetsforusebycharity Thesearecapitalisediftheyhaveausefullifeof morethanoneyear.
(IncludingHeritageAssets)
Tangiblefixedassetsareinitiallymeasuredatcostandsubsequently
measuredatcostnetofdepreciationandanyimpairmentlosses.
Tangibleassetsforusebycharity Depreciationisrecognisedsoastowriteoffthecostofassetsless
(IncludingHeritageAssets)(continued) theirresidualvaluesovertheirusefullivesonthefollowingbases:
Freeholdbuildings
2%straightline
Fixtures,fittings&equipment
25%straightline
Freeholdlandisnotdepreciated.
Stocks Thesearevaluedatthelowerofcostormarketvalue.
Currentassetinvestments Thesecomprisebankdepositaccounts.
Funds
Unrestrictedandrestricted Unrestrictedfundsconsistofthegeneralfund.
Restrictedfundsarefundssubjecttospecificrestrictionsimposed
bydonorsorbythepurposeofanappeal.Thepurposeanduseof
restrictedfundsissetoutinthenotestotheannualaccounts.
Goingconcern Atthetimeofapprovingthefinancialstatements,thetrusteeshave
areasonableexpectationthatthecharityhasadequateresourcesto
continueinoperationalexistencefortheforeseeablefuture.Thus
thetrusteescontinuetoadoptthegoingconcernbasisofaccounting
inpreparingthefinancialstatements.
Publicbenefit entity Thecharityisapublicbenefitentity.

UnrestrictedFunds 2020 2019
£ £
Income
Generaladmissions 582 3,825
Specialevents 425 4,367
Partyvisits ISO 997
Schoolparties 1,125 3,450
2,282 12,639
Donationsandlegacies 708 7,616
Otherincome
Insuranceclaim - 220
RestrictedFunds-GeneralFund 2020 2019
£ £
Grants
MuseumDevelopmentYorkhire 3,000 14,000
Arts&Heritage 5,500 1,000
8,500 15,000

UnrestrictedFunds 2020 2019
£ £
Buildingrunningcosts
Water 163 321
Electricity 1,709 1,954
Gas 5,454 4,170
Coal 114 594
Insurance 1,870 2,045
Cleaning 1,843 2,766
Repairsandmaintenance 3,779 6,295
14,932 18,145

UnrestrictedFunds 2020 2019
£ £
Generalexpenses
Administration 3,399 6,623
Telecommunications 1,514 2,206
4,913 8,829
RestrictedFunds- GeneralFund 2020 2019
£ £
Generalexpenses
Artistsawards 17,000 3,000
RestrictedFunds- BuildingDevelopmentFund 2020 2019
£ £
Depreciation 3,644 3,644
RestrictedFunds- MuseumDevelopmentFund 2020 2019
£ £
Depreciation 27,282 55,105

Freehold Fixtures
land& fittings&
buildings equipment Total
Cost £ £ £
Balancebroughtforward 770,870 215,027 985,897
Additions - -
Balancecarriedforward 770,870 215,027 985,897
Accumulateddepreciation £ £ £
Balancebroughtforward 70,899 196,280 267,179
Chargefortheperiod 14,318 16,608 30,926
Balancecarriedforward 85,217 212,888 298,105
Netbookvalue
Balancebroughtforward 699,971 18,747 718,718
Carriedforward 685,653 2,139 687,792
Note 7 Debtors 2020 2019
£ £
HeritageLotteryFundgrant -
Otherdebtors 300 1,872
300 1,872

Restrictedincomefunds Restrictedincomefunds Restrictedincomefunds
Building Museum
Unrestricted General DevelopmentDevelopment
Fund Fund Fund Fund Total
£ £ £ £
Fixedassets - -
203,524
484,268 687,792
Netcurrentassets 47,299 3,500 - 1,563 52,362
Totalnetassets 47,299 3,500 203,524 485,831 740,154