## **Trustees’ Annual Report for the period** **From 01.05.2023 Period start date To 30.04.2024 Period end date** **Charity name: Forncett Industrial Steam Museum** **Charity registration number: 1179705** ## **Objectives and Activities** |||| |---|---|---| ||SORP reference|| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**To advance the education of the public in**
**all aspects of the development of Great**
**Britain’s industrial heritage through the**
**provision and maintenance and**
**demonstration of its collections of steam**
**powered engines from the beginning of**
**the industrial revolution to the 21st**
**century. The collections to be preserved**
**for long term public benefit.**| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17 and 1.19|| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public benefit|Para 1.18|**In the exercise of its powers the trustees**
**of the charity have paid due regards to the**
**guidance issued by the Charity**
**Commission on public benefit.**| ## **Additional information (optional)** You may choose to include further statements where relevant about: SORP reference **N/A** Para 1.38 Policy on grant making **N/A** Para 1.38 Policy on social investment including program related investment **N/A** Para 1.38 Contribution made by volunteers Other ## **Achievements and Performance** |||| |---|---|---| ||SORP reference|| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|**In spite of the delayed reopening after**
**COVID the museum was able to resume**
**full opening from May 7th 2023 with our**
**first steam day for the 2023 season.**
**The charity continued it work to achieve**
**full Arts Council Accreditation with**
**completion of all remaining outstanding**
**policies and other outstanding work.**
**We achieved Full Accreditation 23rd**
**November 2023.**| **Additional information (optional)** You may choose to include further statements where relevant about: Para 1.41 Achievements against objectives set Performance of fundraising activities against objectives Para 1.41 set **N/A** Investment performance Para 1.41 against objectives Other ## **Financial Review** |**inancial Review**||| |---|---|---| |||| |Review of the charity’s
financial position at the end of
the period|Para 1.21|**Total funds carried forward £9539**| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**To preserve or rehouse the more delicate**
**artefacts should a failure in the sites**
**buildings necessitate it.**| |Amount of reserves held|Para 1.22|**£6000**| |Reasons for holding zero
reserves|Para 1.22|**N/A**| |Details of fund materially in
deficit|Para 1.24|**N/A**| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**N/A**| **Additional information (optional)** You may choose to include further statements where relevant about: |||| |---|---|---| |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|**Admission charges for Steam Operating**
**Days and income from cafe sales.**
**Donations made by visitors on Free Static**
**opening days.**
**Specific fund raising appeals and grant**
**applications for special projects. Eg**
**Museum shop creation.**| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|**N/A**| |A description of the principal
risks facing the charity|Para 1.46|**Recruiting volunteer staff.**
**Ensuring a constant supply of wood fuel**
**to run the steam boiler.**
**Any unexpected regulations regarding**
**burning of fuels to raise steam for**
**educational purposes.**| |Other||| ## **Structure, Governance and Management** |||| |---|---|---| |Description of charity’s trusts:||| |Type of governing document
(trust deed, royal charter)|Para 1.25|**Charitable Incorporated Organisation.**
**Foundation model.**| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**CIO Foundation model whose only voting**
**members are its Trustees.**| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled to
appoint one or more trustees|Para 1.25|**Interview and review of applicants CV.**
**Appointment by existing Trustees.**| ## **Additional information (optional)** You may choose to include further statements where relevant about: |||| |---|---|---| |Policies and procedures
adopted for the induction and
training of trustees|Para 1.51|**New Trustees are briefed on the history of**
**the charity and its objectives.**
**They are made aware of their**
**responsibilities and are provided with the**
**Charity Commissioner’s guidance on the**
**responsibilities of a trustee.**
**They are given a comprehensive health**
**and safety briefing.**
**Trustees meet every three months to**
**manage the charities affairs and minutes**
**of the meetings are kept and signed**
**following each trust board meeting.**
**At present the day to day administration**
**is undertaken by the Chairman of the**
**Trustees until such time the trust can**
**employ a general manager.**
**Trustees continue to assess the major**
**risks to which the charity is exposed and**
**introduce systems and procedures to**
**mitigate the risks identified.**| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|**N/A**| |||| |---|---|---| |Relationship with any related
parties|Para 1.51|**N/A**| |Other||| ## **Reference and Administrative details** ||| |---|---| |Charity name|Forncett Industrial Steam Museum CIO.| |Other name the charity uses|N/A| |Registered charity number|1179705| |Charity’s principal address|Low Road, Forncett St Mary,
NORWICH. Norfolk.
NR16 1JJ.| ||| **Names of the charity trustees who manage the charity** |||||| |---|---|---|---|---| |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for**
**whole year**|**Name of person (or body)**
**entitled to appoint trustee**
**(if any)**| ||Dr Rowan
Nigel Francis|Chairman|Whole year|| ||Daniel Anthony
Marshall-Bull|Treasurer|Whole year|| ||Miranda Ellis|Trustee|Whole year|| ||Neal Davies|Trustee|Whole year|| ||Will Herschel-
Shorland|Trustee|Resigned August
2023|| ||Tom Forster|Trustee|Whole year|| ||Simona Pisanu|Trustee|From 29 April 2024|| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| – Corporate trustees names of the directors at the date the report was approved **Director name N/A** Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year** ## **Funds held as custodian trustees on behalf of others** ||| |---|---| |Description of the assets held
in this capacity|N/A| |Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects|N/A| |Details of arrangements for
safe custody and segregation
of such assets from the
charity’s own assets|Special written agreements for the few items on loan for
exhibition purposes.| ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** |**Type of**|**Name**|**Address**| |---|---|---| |**adviser**||| **Name of chief executive or names of senior staff members (Optional information)** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details **N/A** ## **Other optional information** ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** D M-Bull **Signature(s)** M Ellis-Marchant Dan Marshall-Bull **Full name(s)** Miranda Ellis-Marchant **Position (eg** Chair Treasurer **Secretary, Chair, etc)** **Date** 9 January 2025 ||Forncett Industrial Steam Museum|Forncett Industrial Steam Museum|Forncett Industrial Steam Museum|1179705||**CC17a**| |---|---|---|---|---|---|---| ||Annualaccountsforthe period|||||| |||1-May-2023|**To**|30-Apr-2024||| |||||||| |**Section A**|**Statement of**|**financial activities**||||| |**Recommended**
**categories by activity**
**Details of own**
**analysis**
Note
**Incoming resources (Note 3)**
**Incoming resources from**
**generated funds**
Voluntary income
Donations
S01
Activities for generating funds
Steam Days
S02
Investment income
None
S03
**Incoming resources from**
**charitable activities**
Scrappage
S04
**Other incoming resources**
None
S05
S06
**Resources expended (Notes 4-8)**
**Costs of Generating Funds**
Costs of generating voluntary income
S07
Fundraising trading costs
Steam Days+ Vehicle
S08
Investment management costs
None
S09
**Charitable activities**
Maint etc
S10
**Governance costs**
None
S11
**Other resources expended**
S12
S13
S14
S15
**_Total incoming resources_**
**_Total resources expended_**
**_Net incoming/(outgoing) resources before_**
**_transfers_**
**Gross transfers between funds**||**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05||||| |||-|-|-|-|-| |||8,185|-|-|8,185|8,497| |||7,882|-|-|7,882|5,789| |||-|-|-|-|-| |||-|-|-|-|-| |||-|-|-|-|-| |||16,067|-|-|16,067|14,286| |||||||| |||-|-|-|-|-| |||-|-|-|-|155| |||3,641|-|-|3,641|3,865| |||-|-|-|-|-| |||9,512|-|-|9,512|10,101| |||-|-|-|-|-| |||-|-|-|-|-| |||13,153|-|-|13,153|14,121| |||2,914|-|-|2,914|166| |||-|-|-|-|-| CC17a (Excel) 09/01/2025 1 |S16
S17
S18
S19
S20
S21
**Total funds brought forward**
**_Total funds carried forward_**
**_Net incoming/(outgoing) resources before other_**
**_recognised gains/(losses)_**
**Other recognised** **gains/(losses)**
Gains and losses on revaluation of fixed assets
for the charity’s own use
Gains and losses on investment assets
**_Net movement in funds_**|2,914|-|-|2,914|166| |---|---|---|---|---|---| ||||||| ||-|-|-|-|-| ||-|-|-|-|-| ||2,914|-|-|2,914|166| ||1,832|4,793|-|6,625|6,459| ||4,746|4,793|-|9,539|6,625| CC17a (Excel) 09/01/2025 2 ## **Section B Balance sheet** |Note
**Fixed assets**
**Tangible assets (Note 9)**
B01
B02
**Investments (Note 10)**
B03
**_Total fixed assets_**
B04
**Current assets**
**Stock and work in progress**
B05
**Debtors (Note 11)**
B06
**(Short term) investments**
B07
**Cash at bank and in hand**
B08
**_Total current assets_**
B09
**Creditors: amounts falling due within**
**one year (Note 12)**
B10
**_Net current assets/(liabilities)_**
B11
**_Total assets less current liabilities_**
B12
**Creditors: amounts falling due after one**
**year (Note 12)**
B13
**Provisions for liabilities and charges**
B14
**_Net assets_**
B15
**Funds of the Charity**
**Unrestricted funds**
B16
B17
**Restricted income funds (Note 13)**
B18
**Endowment funds(Note 13)**
B19|**Unrestricted**
**funds**
**£**
F01|**Restricted**
**income funds**
**£**
F02|**Endowment**
**funds**
**£**
F03|**Total this**
**year**
**Total last**
**year**
**£**
**£**
F04
F05|**Total this**
**year**
**Total last**
**year**
**£**
**£**
F04
F05| |---|---|---|---|---|---| ||250|512,412|-|512,662|512,362| ||-|-|-|-|-| ||-|-|-|-|-| ||250|512,412|-|512,662|512,362| ||||||| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||754|4,062|-|4,816|-| ||754|4,062|-|4,816|-| ||||||| ||-|-|-|-|-| ||||||| ||754|4,062|-|4,816|-| ||||||| ||1,004|516,474|**-**|517,478|512,362| ||||||| ||-|-|-|-|-| ||-|-|-|-|-| ||||||| ||1,004|516,474|-|517,478|512,362| ||||||| ||1,004|||1,004|1,051| ||-|||-|-| |||516,474||516,474|518,080| ||||-|-|-| CC17a (Excel) 09/01/2025 3 |**_Total funds_**
Signed by one or two trustees on behalf of all
the trustees|B20|1,004|516,474|-|517,478|519,131| |---|---|---|---|---|---|---| |||Date of
approval
Signature
Print Name||||| ||M Ellis-Marchant|||MirandaEllis-Marchant||09.01.2025| ||D Marshall-Bull|||Dan Marshall-Bull||09.01.2025| Cells highlighted in Yellow contain formulas to add up columns C,D and E but these are not protected cells Cells highlighted in Blue contain formulas in protected cells. The protection can be removed from the tools menu CC17a (Excel) 09/01/2025 4 ## **Section C Notes to the accounts** ## Note 1 **Basis of preparation** _**This section should be completed by all charities** ._ ## **1.1 Basis of accounting** These accounts have been prepared on the basis of historic cost (except that investments are shown at market value) in accordance with: - Accounting and Reporting by Charities – Statement of Recommended Practice (SORP 2005); • and with* Accounting Standards; or Financial Reporting Standards for Smaller Enterprises (FRSSE); - and with the Charities Act. - [** except for the following]. _**Give details in this box if a different standard has been followed.**_ - -Tick as appropriate: - if all relevant disclosures shown in the pack have been given then please tick “Accounting Standards”; · if disclosures completed in these accounts have been restricted to those required by the FRSSE, then please tick “Financial Reporting Standards for Smaller Enterprises (FRSSE)”. ** - If no departures from the chosen standards have been made then delete these words; otherwise give details of any changes in the boxes. ## **1.2 Change in basis of accounting** There has been no change to the accounting policies (valuation rules and methods of accounting) since last year (§ except for the following). _**Give details in this box of any material changes that have been made.**_ CC17a (Excel) 09/01/2025 5 - § if no changes have been made to accounting policies then delete these words. ## **1.3 Changes to previous accounts** No changes have been made to accounts for previous years (§§ except for the following). _**Give details in this box of any material changes that have been made.**_ - §§ if no changes have been made to accounts for previous periods then delete these words. CC17a (Excel) 09/01/2025 6 **Section C Notes to the accounts (cont)** ## **Note 2 Accounting policies** _**This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or additional policy has been adopted then this is detailed in the box below.**_ ## **INCOMING RESOURCES** |**Recognition of incoming**|These are included in the Statement of Financial Activities (SoFA) when:| |---|---| |**resources**|·the charity becomes entitled to the resources;| ||·the trustees are virtually certain they will receive the resources; and| ||·the monetary value can be measured with sufficient reliability.| |**Incoming resources with**|Where incoming resources have related expenditure (as with fundraising or contract income) the| |**related expenditure**|incoming resources and related expenditure are reported gross in the SoFA.| |**Grants and donations**|Grants and donations are only included in the SoFA when the charity has unconditional| ||entitlement to the resources.| |**Tax reclaims on donations and**|Incoming resources from tax reclaims are included in the SoFA at the same time as the gift to| |**gifts**|which they relate.| |**Contractual income and**|This is only included in the SoFA once the related goods or services have been delivered.| |**performance related grants**|| |**Gifts in kind**|Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount
actually realised.| ||Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or| ||distributed by the charity.| ||Gifts in kind for use by the charity are included in the SoFA as incoming resources when| ||receivable.| |**Donated services and facilities**|These are only included in incoming resources (with an equivalent amount in resources expended)| ||where the benefit to the charity is reasonably quantifiable, measurable and material_._The value| ||placed on these resources is the estimated value to the charity of the service or facility received.| |**Volunteer help**|The value of any voluntary help received is not included in the accounts but is described in the
trustees’ annual report.| |**Investment income**|This is included in the accounts when receivable.| |**Investment gains and losses**|This includes any gain or loss on the sale of investments and any gain or loss resulting from| ||revaluing investments to market value at the end of the year.| CC17a (Excel) 09/01/2025 7 ## **EXPENDITURE AND LIABILITIES** |**Liability recognition**
**Governance costs**
**Grants with performance**
**conditions**
**Grants payable without**
**performance conditions**
**Support Costs**
**ASSETS**
**Tangible fixed assets for use**
**by charity**
**Investments**
**Stocks and work in progress**
**POLICIES ADOPTED**
**ADDITIONAL TO OR**
**DIFFERENT FROM THOSE**
**ABOVE**|Liabilities are recognised as soon as there is a legal or constructive obligation committing the
charity to pay out resources.
Include costs of the preparation and examination of statutory accounts, the costs of trustee
meetings and cost of any legal advice to trustees on governance or constitutional matters.
Where the charity gives a grant with conditions for its payment being a specific level of service or
output to be provided, such grants are only recognised in the SoFA once the recipient of the grant
has provided the specified service or output.
These are only recognised in the accounts when a commitment has been made and there are no
conditions to be met relating to the grant which remain in the control of the charity.
Support costs include central functions and have been allocated to activity cost categories on a
basis consistent with the use of resources, eg allocating property costs by floor areas, or per
capita, staff costs by the time spent and other costs by their usage.
These are capitalised if they can be used for more than one year, and cost at least £500. They
are valued at cost or a reasonable value on receipt.
Investments quoted on a recognised stock exchange are valued at market value at the year end.
Other investment assets are included at trustees' best estimate of market value.
These are valued at the lower of cost or market value.| |---|---| ||

| CC17a (Excel) 09/01/2025 8 CC17a (Excell 0910112025 CC17a (Excell 10 0910112025 ## **Section C Notes to the accounts (cont)** ## **Note 3 Analysis of incoming resources** ## _**Incoming resources may be further analysed if this would help the reader of the accounts.**_ |**Investment income**
**Incoming resources from**
**charitable activities**
**Voluntary income**
**Activities for generating funds**|**Analysis**|**This year**
**Last year**
**£**
**£**|**This year**
**Last year**
**£**
**£**| |---|---|---|---| ||Misc Donations (Restricted)
|-|-| ||Misc Donations (Unrestricted)|8,185|8,497| ||Private Hire||-| ||Council/ Gov Payments (Restricted)|-|-| |||-|-| ||**Total**|8,185|8,497| ||||| ||Steam UpDays(Total)|-|5,789| ||Steam Up Admissions|2,773|-| ||
Steam Up Café|5,109|-| |||-|-| |||-|-| ||**Total**|7,882|5,789| ||||| ||Bank Interest 0%|-|-| |||-|-| |||-|-| |||-|-| |||-|-| ||**Total**|-|-| ||||| ||Sold Assets(IncludingScrap)|-|-| |||-|-| |||-|-| |||-|-| |||-|-| ||**Total**|-|-| CC17a (Excel) 09/01/2025 11 CC17a (Excell 12 0910112025 **Section C Notes to the accounts (cont)** ## **Note 4 Analysis of resources expended** ## **Resources expended may be further analysed if this would help the reader of the accounts.** |**Governance costs**
**Charitable activities**
**Investment**
**management costs**
**Fundraising trading**
**costs**
**Costs of generating**
**voluntary income**|**Analysis**|**This year**
**Last year**
**£**
**£**|**This year**
**Last year**
**£**
**£**| |---|---|---|---| ||Donation Credit Card terminals|-|107| ||Other|-|48| |||-|-| |||-|-| |||-|-| ||**Total**|-|155| ||||| ||Steam Up Days inc Café Stock|1,545|1,252| ||
Vehicle Costs|2,096|2,613| |||-|-| |||-|-| |||-|-| ||**Total**|3,641|3,865| ||||| ||None|-|-| |||-|-| |||-|-| ||**Total**|-|-| ||||| ||Maint. Buildings & Collection|4,322|5,356| ||
Website|619|1,023| ||Vehicle|-|-| ||Utilities|869|1,277| ||Other|3,702|2,445| ||**Total**|9,512|10,101| ||||| ||Setup of Trust, Legal etc|-|-| |||-|-| |||-|-| ||**Total**|-|-| CC17a (Excel) 09/01/2025 13 ## **Section C Notes to the accounts (cont)** ## **Note 5 Support Costs** _**Please complete this note if the charity has analysed its expenses using activity categories and has support costs.**_ |**Support cost type**|**Fundraising activity**
**£**|**Charitable Activity**
**£**|**Governance Activity**
**£**|**Total Cost**
**£**| |---|---|---|---|---| ||-|-|-|-| ||-|-|-|-| ||-|-|-|-| ||-|-|-|-| ||-|-|-|-| ||-|-|-|-| ||-|-|-|-| |**Total**|-|-|-|-| ## **Note 6 Details of certain items of expenditure** ## **6.1 Trustee expenses** _**Please provide details of the amount of any payment or reimbursement of out-of-pocket expenses made to trustees or to third parties for expenses incurred by trustees. If no expenses were paid, please enter ‘None’ in the appropriate box(es).**_ |**_please enter ‘None’ in the appropriate box(es)._**|||| |---|---|---|---| ||**This year**|**Last year**|| |**Number of trustees** **who were paid expenses**|**0**|**0**|| ||**N/A**|**N/A**|| |**Nature of the expenses**|||| |**Total amount paid**|**£**|**£ -**|| ## **6.2 Fees for examination or audit of the accounts** CC17a (Excel) 09/01/2025 14 ## _**Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner or auditor. If nothing was paid please enter NONE in the appropriate box(es).**_ |**_box(es)._**||| |---|---|---| |**Other fees (for example: advice, consultancy, accountancy services)**
**paid to the independent examiner or auditor**
**Independent examiner’s or auditors' fees for reporting on the**
**accounts**|**This year**
**£**|**Last year**
**£**| ||None|None| ||None|None| CC17a (Excel) 09/01/2025 15 ## **Section C Notes to the accounts (cont)** ## **Note 7 Paid employees** _**Please complete this note if the charity has any employees.**_ ## **7.1 Staff Costs** |**7.1 Staff Costs**|**7.1 Staff Costs**||| |---|---|---|---| |**Fundraising**
**Charitable Activities**
**Governance**
**Other**
**Total**
**Employer’s National Insurance costs**
**Pension costs**
**Total staff costs**
**7.2 Average number of full-time equivalent employees in the year**
**The parts of the charity in which the**
**employees work**
**Gross wages, salaries and benefits in kind**||**This year**
**£**|**Last year**
**£**| |||-|-| |||-|-| |||-|-| |||-|-| ||||| ||**employees in the year**|**This year**
**Number**|**Last year**
**Number**| ||**Fundraising**|-|-| ||**Charitable Activities**|-|-| ||**Governance**|-|-| ||**Other**|-|-| ||**Total**|-|-| ## **7.3 Defined contribution pension scheme** ## _**Please complete if a defined contribution pension scheme is operated.**_ **Brief details of the scheme None** **The costs of the scheme to the charity for the year The amount of any contributions outstanding at the year end The amount of any contributions prepaid at the year end** |**This year**||**Last year**|| |---|---|---|---| |**£**||**£**|| ||0||0| ||0||0| ||0||0| CC17a (Excel) 09/01/2025 16 CC17a (Excell 17 0910112025 ## **Section C Notes to the accounts (cont)** ## **Note 8 Grantmaking** _**Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken.**_ ## **8.1 Total value of grants** |**8.1 Total value of grants**||| |---|---|---| |**Purpose for which grants made**|**Grants to**
**institutions**
**Total amount £**|**Grants to**
**individuals**
**Total amount £**| |None|-|-| ||-|-| ||-|-| ||-|-| ||-|-| ||-|-| |**_Total_**|**-**|**-**| ## **8.1 Grantmaking costs** _**If the charity’s accounts are prepared on the “activity basis” please give details of any support cost associated with grantmaking. Please enter “Nil” if the charity does not identify and/or allocate support costs.**_ ## **Support costs of grantmaking** **Nil** ## **8.3 Grants made to institutions** _**If the charity has made grants to particular institutions that are material in the context of its grantmaking please give details of the institution supported, purpose of the grant and total paid to each institution listed. Sufficient information should be given to provide a reasonable understanding of the range of institutions supported.**_ |**Names of institutions**|**Purpose**|**Total amount of**
**grantspaid £**| |---|---|---| |None||-| |||-| CC17a (Excel) 09/01/2025 18 |||-| |---|---|---| |||-| |||-| |||-| |||-| |||-| |||-| |||-| |**_Total grants to institutions_**||**-**| CC17a (Excel) 09/01/2025 19 CC17a (Excell 20 0910112025 CC17a (Excell 21 0910112025 ## **Section C Notes to the accounts (cont)** ## **Note 9 Tangible fixed assets** ## _**Please complete this note if the charity has any tangible fixed assets**_ **9.1 Cost or valuation** |Balance brought
forward
Additions
Revaluations
Disposals
Transfers *
Balance carried forward|**Freehold land**
**& buildings**
**£**|**Other land &**
**buildings**
**£**|**Plant,**
**machinery and**
**motor vehicles**
**£**|**Fixtures,**
**fittings and**
**equipment**
**£**|**Payments on**
**account and**
**assets under**
**construction**
**£**|**Total**
**£**| |---|---|---|---|---|---|---| ||476,212|-|150|36,000|-|512,362| ||-|-|-|-|-|-| ||-|-|100|-|-|100| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||476,212|-|250|36,000|-|512,462| ## **9.2 Accumulated depreciation and impairment provisions** |****Basis**
**** Rate**
Balance brought
forward
Depreciation charge for
year
Impairment provisions
Revaluations
Disposals
Transfers*|SL or RB|SL or RB|SL or RB|SL or RB|SL or RB|SL or RB| |---|---|---|---|---|---|---| |||||||| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| CC17a (Excel) 09/01/2025 22 Balance carried forward - - - - - - ## **9.3 Net book value** |Brought forward
Carried forward|476,212|-|150|36,000|-|512,362| |---|---|---|---|---|---|---| ||476,212|-|250|36,000|-|512,462| ## **9.4 Revaluation** _**If any fixed assets have been revalued please give details of the valuer and method of valuation**_ Museum Collection valued as scrap (by mass) from www.lkm.org.uk on 18/02/2019. The Trustees have chosen not to revalue the collection this year. ## _* The "transfers" row is for movements between fixed asset categories._ _** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction._ CC17a (Excel) 09/01/2025 23 ## **Section C Notes to the accounts (cont)** ## **Note 10 Investment assets** ## _**Please complete this note if the charity has any investment assets.**_ ## **10.1 Fixed assets investments** |Carrying (market) value at beginning of year
**Add:**additions to investments at cost
**Less:**disposals at carrying value
**Add/(deduct):**net gain/(loss) on revaluation
Carrying (market) value at end of year|**£**| |---|---| ||-| ||-| ||-| ||-| ||-| ## _**Please provide below:**_ ## **10.2 A breakdown of the market values of investments shown above agreeing with the balance sheet row B03.** ## **10.3 A breakdown of the income from investments agreeing with SOFA row S03.** |**Analysis of investments**
**Investment properties**
**Investments listed on a recognised stock exchange or held in common investment**
**funds, open ended investment companies, unit trusts or other collective**
**investment schemes**
**Investments in subsidiary or connected undertakings and companies**
**Securities not listed on a recognised Stock Exchange**
**Cash held as part of the investment portfolio**|**10.2**
**Market value at**
**year end**
**£**|**10.3**
**Income from**
**investments for**
**the year**
**£**| |---|---|---| ||-|-| ||-|-| ||-|-| ||-|-| ||-|-| CC17a (Excel) 09/01/2025 24 **Other investments** |**Total**|-|-| |---|---|---| ||-|-| ## **10.4 Material investment holdings** **If any single investment is material in terms of its value (for example represents more than 5 per cent of the value of the charity’s total investments) please provide details.** ## **Investment held** None **Market Value** 0 CC17a (Excel) 09/01/2025 25 CC17a (Excell 26 0910112025 CC17a (Excell 27 0910112025 **Section C Notes to the accounts (cont)** ## **Note 11 Debtors and prepayments** ## _**Please complete this note if the charity has any debtors or prepayments.**_ |**Analysis of debtors**
**Trade debtors**
**Amounts due from subsidiary and associated**
**undertakings**
**Other debtors**
**Prepayments and accrued income**
**Total**
|
**Amounts falling due within**
**oneyear**|
**Amounts falling due within**
**oneyear**|**Amounts falling due after**
**more than oneyear**|**Amounts falling due after**
**more than oneyear**| |---|---|---|---|---| ||**This year**
**£**|**Last year**
**£**|**This year**
**£**|**Last year**
**£**| ||-|-|-|-| ||-|-|-|-| ||-|-|-|-| ||-|-|-|-| ||-|-|-|-| ## **Note 12 Creditors and accruals** _**Please complete this note if the charity has any creditors or accruals.**_ **12.1 Analysis of creditors** |
**Loans and overdrafts**
**Trade creditors**
**Amounts due to subsidiary and associated undertakings**
**Other creditors**
**Accruals and deferred income**
**Total**|**Amounts falling due within**
**oneyear**|**Amounts falling due within**
**oneyear**|**Amounts falling due after**
**more than oneyear**|**Amounts falling due after**
**more than oneyear**| |---|---|---|---|---| ||**This year**
**£**|**Last year**
**£**|**This year**
**£**|**Last year**
**£**| ||-|-|-|-| ||-|-|-|-| ||-|-|-|-| ||-|-|-|-| ||-|-|-|-| ||-|-|-|-| ## **12.2 Security over assets** _**If any loan, overdraft or other creditor holds a charge or other security over any assets of the charity please provide details.**_ CC17a (Excel) 09/01/2025 28 None CC17a (Excell 29 0910112025 ## **Section C Notes to the accounts (cont)** ## **Note 13 Endowment and restricted income funds** _**Please complete this section if the charity has any endowment or restricted income funds.**_ ## **13.1 Funds held** ## **Please give a brief description of any of the following type of funds held by the charity:** - **permanent endowment funds (PE);** - **expendable endowment funds (EE); and** - **restricted income funds, including special trusts, of the charity (R).** |**·permanent endowment funds (PE);**
**·expendable endowment funds (EE); and**
**·restricted income funds, including special trusts, of the charity (R).**
**Please give a brief description of any of the following type of funds held by the charity:**|**·permanent endowment funds (PE);**
**·expendable endowment funds (EE); and**
**·restricted income funds, including special trusts, of the charity (R).**
**Please give a brief description of any of the following type of funds held by the charity:**|**·permanent endowment funds (PE);**
**·expendable endowment funds (EE); and**
**·restricted income funds, including special trusts, of the charity (R).**
**Please give a brief description of any of the following type of funds held by the charity:**| |---|---|---| |**Fund Name**
**Type PE, EE**
**or R**
**Purpose and Restrictions**||| |None||| |||| |||| |||| |||| |||| ## **13.2 Movements of major funds** _**Please give details of the movements of the major funds summarised in the restricted and endowment columns of the Statement of Financial Activities.**_ |**Fund names**|**Fund**
**balances**
**brought**
**forward**
**£**|**Incoming**
**resources**
**£**|**Outgoing**
**resources**
**£**|**Transfers**
**£**|**Gains and**
**losses**
**£**|**Fund**
**balances**
**carried**
**forward**
**£**| |---|---|---|---|---|---|---| |None|-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| CC17a (Excel) 09/01/2025 30 - - - - - - **Total Funds** - - - - - - ## **13.3 Transfers between funds** ## _**Please give details of any transfers between funds.**_ |**From Fund(Name)**|**To Fund(Name)**|**Reason**|**Amount**| |---|---|---|---| |None|||0| ||||| ||||| ||||| CC17a (Excel) 09/01/2025 31 ## **Section C Notes to the accounts (cont)** ## **Note 14 Transactions with related parties** _**If the charity has any transactions with related parties (other than the trustee expenses explained in note 6) details of such transactions should be provided in this note. If there are no transactions to report, please enter “None” in the relevant boxes.**_ ## **14.1 Remuneration and benefits** _**Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee or other related parties by the charity or any institution or company connected with it.**_ |**Name of trustee or connected party**|**Legal authority (eg order,**
**governing document)**|**Amounts paid or benefit value**|**Amounts paid or benefit value**| |---|---|---|---| |||**This year**
**£**|**Last year**
**£**| |None||**0**|**0**| ||||| ||||| ## **14.2 Loans** _**Please give details of and amounts owing to or from the charity’s trustees or other related parties by the charity at the year end.**_ |**Name of trustee or**
**connected party**|**Legal authority**|**Amount owing**|**Amount owing**| |---|---|---|---| |||**This year**
**£**|**Last year**
**£**| |**None**||**0**|**0**| |**None**||**0**|**0**| ## **14.3 Other transaction(s) with trustees or related parties** _**Please give details of any transaction undertaken by (or on behalf of) the charity in which a trustee or related party has a material interest.**_ CC17a (Excel) 09/01/2025 32