The Rachel Kay-shuttleworth Textlle Collections
Report and financlal statements
For the year ended 31 March 2022
{Registered Charfty 1182054)

The Rachel Ktyshuffleworth Textile Collections
Ch¥rlty name
The Aachel Kay-Sh1￿lew0rth Texble Collettions
Charity reBi5tration numb•r
1182054
The Rt Hon Lord Shuttleworth KG KCVO
The Hon sal￿ Fi88ins
Geo￿1n3 Foster
Michael Millward
Ash￿ Sutcliffe
Denni5 MendofOS OBE DL (appointed 29 October 20211
lan Brown {ap￿Inted 27 January 20221
Linda Drury lèppointed 28 Juty 20221
Fiona Rrtthie (appointed 28 Juty 20221
Prln¢lp•l offlce
Estate Office
CowaTh Bridge
Carnforth
Lanca5hirt
LA6 2HS
8•nk*s
8•rcltys Bank plc
72-78 St James Street
Burnley
Lancashbre
8811 INH
Solldto
Fielden Matshall Glovef Strutt
Manor 8uildin85
Moor Lane
Wi5well
Clrthefoe
Lancashirt
887 90G
Accountants
Saffery Champness LLP
Trinity
16 John Dalton Street
Manchester
M2 6HY

The Rathd l(arShuttIe¥￿th Te￿ile Collertitx
Report of the Trustees
Independerbt examinees ￿port
Statemeni of ffinancial aCtiviti*S
Balance she
Noies to the finantial statements
9-15

The Rachel Kèy.Shutdeworth T￿lIe C4knion5
Report ofthe trustees br the yeartnded 31 Marth 2022
Introdudion,
The Trustee5 present their re￿rt and finanoal statements for the Rachel W-shuttleworth Textile
Collections Ithe Charity) for the year ended 31 March 2022. The financial statements have been prepared
ITh accordance wrth the attounting poliC￿S set on pa8es 9 to 10 which comply with the Chariws
Con5titutson. dated 24 January 2019. and applicab￿ law.
Structure. Govemance and Man•8ement
Governing Document
The Charity is a Charitable IncorpO￿¢d Organisation ICIOI. 11 was ￿lStered on 15 February 2019 wrth
the Charrty Commission and is 8overned by its Consb"tub"on dated 24 January 2019. The Charity ￿Mo•ned
dormant untsl 28 November 2019. On thi5 date the Chaniy reteived the net assets of The Rathel Kay-
Shuttleworth Texty'le Collectiorts Ire8i5tered number 5162271, an existing unincorporated tnjst with the
same charitable objectives as the Charity. This reconstru(tion was accounted for under the merger
accountln8 method in accordance wrth the Charities SOAP IFRS 1021. The Charity's workin8 name is
Gawthorpe Textile5 Collection. The Charrty Commissbon re8¢Stration nUm￿r and principal office a￿ give
on the Informatson page at the beglnnin8 of these financlal stètemerts.
Re¢ruitmen¢ Appoinrmtnt ond Troining ol Trustees
The Trustees who s•rvtd durin8 the year and up to th* date of 5wnature of the ffinantial Statements were..
The At Hon Lord Shuttleworth KG KCVO
Freydis Campbell Irttired 24 March 20221
The Hon Sally Figgins
Georgina Foster
Michael Millward
Ashley Sutcliffe
Dennis Mendoros OBE DL (appointed 29 October 20211
lan Brown lappointed 21 January 20221
Llnda Drury (appointed 28 July 20221
Flona RrtchSe lappointtd 28 Juty 20221
The first Charity Trustee5, The Rt Hon Lord Shuttleworth KG KCVO. Freydi5 Carnpbell and The Hon Salty
Fi88ins, wère appoirbted for 6 year5, S year5 and 4 years respetb'vely. The Charrty must have èt least 3
Trustees and apart from the fitst Charity Twstees, every Trustee must be appointed for a term of S years
by a resolution passed at a properfy convened meetin8 of the Charity Trustees.
Glven the background from which Trustees a￿ retruited. the Trustees come to the role with a significant
level of kn¢)wledge regarding the objects and aims of the Charity and the related compliance work. In
ddrtion to this. the Trustees 8ain wular updates from their professional advisor5 in order to keep them
fvlly conversant with these issues.
No Trustees reCe￿d remuneration durin8 the current or prtvious year. Staft remuneration i% detailed in
the notes to the financial 5taternents.
Paee I

Thé Rachel Kay.Shuttleworth T￿lIe Colleclions
Report of ihetnotees for the year ended 31 M¥th 21)22
Or9onisutionolStrurture
The Trustees agree the broad strategy and areas of activrty of the Trust. They con$4der the perforrnan￿ of
the Tru51's investments and wiew the risks facing the Charity. Two new board members were recruited
during the year - Dennis Mendoros effecb.ve 29 ottober 2021 and lan Brown effective 27 January 2022.
One longstandirtg tru*lcc Freydis Campbell retired effective 24 March 2022. The day to day administratio
of the Chartty is undertaken by two core team rnembe￿. a Oireclor and a Curator, both part time.
ln additson to the core Staff. two projeu fundtd staff membws on fixed terrn contracts We￿ employed
during the year, a Cornmunity En8a6ement Officer throu8hout the per*tyJ and a Commeicial Development
Officer who's funded coThtrart ended in September 2021, but who was maintained IA post a day per week
unty"131 Detémber 2021.
An add￿Onal team member wa5 recriiited as a Fundrai5in8 Development Officer on a I year fixed term
toThtrart which commenced in Odober 2021.
The paid staff team is supported by a small ieam of 7 dedicated ¥olunteets though ¥olunteer inwt durin8
2021-22 was Ilmited at the be8innin8 of the financial year ￿ on8olne Covid restrictions.
obje¢UT￿ and A¢fI¥l￿t9
The Char61V'S Stat•mtnt of purpose Is:
To hold the Rachel Kay-shuttleworth Collection5 of woven. embroidered and other materials. tapestrie5.
garmenis, books. object5 d'art and other articles. and to ￿alIse Rachel Kay Shuttleworth's vision for
Inspirin6 people aThd encouraging learning through textile craft and heritage.
The aims of the Charity ire:
To research. document. display and cart for the Collection to approved museum staThdards.
To publicfy sh4re and communi£ai¢ the 5toiy of iextik lierita8e thiough the Rachel Kav-shuttlèworrh
IRBKSI Collection.
To create opponunthes for things to be made. skills to be shared and kamed.
To engage a broad ran8e ol people throu8h pro8nmme5 that inspi￿.
To work wrth anisis and arts organisations io challenge percepts'ons of iextilt herrta8e and
reinterpret the collertion for a wntemporary autlience.
To ￿alIse Miss Rachel's vision of creatsn8 a cAft based centre for educaiion and trzinsn&
The CUT￿￿1 objedives of the Charrty are 10:
Develop a programme of collections care and colledion revw to ensure that collections are stored
and displayed to the best possible standard5. in line with A((￿dItatiOn.
To be£ome a resilient and financialty stable ot8anisatioii foi Llie beiirfil futuie
Develop the Collection ihrou8h research. aCquis￿.0n and new interpretab.on to ensure relevance.
build sustainabilrty and broaden audience appeal.
Be a visitor destination and to deliver an eKellent visrtor exPer￿n￿ by curats"n8 inclusive 5pace5 that
inspire.
Develop an innovative leamin8 and comrnunty enBagement PT(yramme catering to lyxh forrnal
Ischoo15. colleges and unive1s￿e$l and inforrnal (fami￿1 and community basedl leamin8.

The Rachel Karshuttleworth Temtile Colle¢tior
Report of the trustets for the ￿arended 31 M¥r¢h 2022
Work in t105e partnership with Gavrthorpe Site partne￿, local museums, arts and educational
O￿niSationS within Pennine Lancashire to delwer efficient and effeth.ve programmes and services
and to raise the profile of the Collection.
Work with naknonal textile or8anisations to share knowledge and experts"se.
When planning acbviti'es for the year, the Trustees have considered the Charity Commis5ion'5 guidarI￿ on
publ￿ beThefit and. in particular, the 5pecffic guidan￿ on charities foi the a(fvancement of education.
fate to face public pro8rammes continued to be impacted ￿ UnCertai￿lieS regarding the Covid-19 8lobal
pandemic, however OUt￿a(h ècbvities resurned at Valley Street Textile5 Studio with mask wearing and
P￿taU￿on5 in place Irom May 2021. Out to limf(ed space at Ga￿h0rpe Hall and ongoing restrictions
enforced by Lancashire County Countil. no public events or aabvilies were held on the Gawthorpe site.
thou8h the galleries were open to the wblic on a pre-trthked basis.
Key adiviti'es over the past year have intluded:
Onaoin8 delNery ol th• Natson¥l Lott•ry R•¥chin8 Communili95 Fund Ethical Temtlles projert to build
awareness en8a8•mtnt around 511Stainable textile Prndite with a move to face to face sessions
nd a successful delNery of the Re.. Fashion youth projett in August in collal)orab"on wSth the
University of Central Lancashire.
OelNery of the Arts Council England Culture Recovery Fund project Crafting Resilience suppO￿n8
ore costs and ongoing development work with consultants en8a8ed the previous year. iowards
more sustainable businèss model.
RKeipt ot funds and tommencement of the 2 year N*ional Lottery Herita8e Fund partnetship
project Lancashire's Textile Treasures wrth Super Slow Way and the University of Central Lantashire.
Brin8in8 to8ether digitally the texrtle collections ol Lancashire herita8e and commercial vtnuts. to
showcase and cfeatt new narratsves in collabo￿lon with communrties. arb'sts and academics.
Reopenin8 of Valley Street Textsles Siudic+ With twice weekly workshops from mHI.Mèy 2021.
Includin8 a proBramme of ¥¥or*shops for rfu8ees supported by fvndin8 from Lancashirn County
Coyncil •nd Super Slow Way.
The establishmert of the Ga¥rthorpe Strategic Coordination group to enable closer working arbd
strategic development with the N*ional Twsi. County Council and VCLèn and ihe devtlopment of a
memorandum of understanding Wlth UCLan.
2 contemporary textile èxhibiti'ons at Gavrthorpe Hall. Floralia ty Nikki Parmenter instal￿￿ in 2020
ran throuÉhout the Season from reopenin8 in May to the end of September. Followed by an
installation of Threads of Survival. a Covid ￿l￿ed communrty quilt exhibition by 999 Call fof the NHS
for the Br￿Sh Tertile Biennial.
Partscipatson in the Bribsh Textile Biennial across October 2021 with an exhibilon collaboration with
fashion historian Arnber 8utchart- Cloth CUttu￿$. shown at the Haworth Art Gallery. Participation in
Collaternl, an arts insiallatson by artist 8ri8id Mcleer displtyed at Queen Street Mill Textile Museurn.
Participation in the Patterns of Migration communrty efi￿gernent project led by UCLan arbd
following on from this, two Being Human Fesbval workshop5 in November.
11 online talks based on collection items, 2 talks wrth guest speakers, I community focused
workshop and 3 online craft workshops.
Developrnent of new charitsble Br¥in8 St￿m5 - induding indr¥rflual 8win8 Benefartor and Star
Supporter schemes and a fvndraising event- Gin tasting ￿nIn& in collaboration with the Law￿nCe
Hotel.

The Rachel Kay.shut￿eWOrth T￿11* Colledion5
R*port of the trustees frythe year endtd 31 March 2022
OnKoin8 cornmercial development to support the 511Stainabilrty of the charity including the creation
of new product lines and the establishme￿ of a new Community Interest Comparry in November
2021 to take the lead on commercial intome generation on behalf of the charity supported
SELNet through mentorship from BlacktrMJrn CVS business development advisots.
Establishment of a Uusiness L)evelopment sub-committee io provide cornrnercial advice to the
Board.
Ongoing collaborab.on wrth Site partner5 the Nabonal Trust, Lanca5hire County Council and
nei8hbourin8 8urnley Football Club.
Flnonchal Revlew
The total incorning resource5 exceeded outgoin8 rtsources ty £14.53912021: £31,557).
The net movement in funds in the year. as shown in the ststement of financial adivities. amounted to an
Increase of £28.87012021.' £66,797).
At the yèar end. the Charrty held total ftsew¥es of £295,44912021.. £266.5791. of which £216,07612021:
£196.3111 were not de$8inaied lor a particular purpose.
Rlsk ond ReseThes Policy
The Trustee5 have contsnued io review the risks whith might affect ihe Colkth'on and the Trustees, abllity
to rtali5e their objectives. The Trustets tonsidef that polic￿$ and plans sufficient to mitigate the risks are
in place. The Trustees rety on Th* Natsonal Trust and Lancashire County Council to maintain the physlcal
security of the colle(tlon.
Achlevements ond P*rforrnt7nce
Durin8 the year. the Twstees were fortunate in attractyrq new 8raNs and donations to support theif work
whSch lurther alleviated some of the challenges and loss of income created by the pandemlc. An
additional Covid-19 culture recovery fund grant was secured from Arts Council England and a dlgital
Innovation 8rant from the National Lottery Htrrtage Fund.
Future Plans
The tharity will continue developing towards achieving its Wision published in Marth 2021. Recruitment of
new trustee5 to the t)oard is ongoin& as are commercial exph)ratsons io seek to increase sustainable
incom* teneratson through d￿rtaI development.
Rela￿OnShIpS will ￿ developed wff¢h Blackbum Colle8* and the Nelson and Colne College group to
support 8reaierlorn)al and ¢ommunity based, educational attè5S to and use of the collethion.
Lary Scale funding is bein8 SOU8M to undertake significant colleaion revièw wor￿. to improve
documentation and repack ihe stored colledion in preparntson for a potenlial relocation. Following
agreemerbt amongst srte partner5 that rt is no longer Viab￿ in the lone term to store the collection at
Gawthorpe Hall due to declining erwironmental condilions. ahemate 501utions are CYr￿ntty being
explored.
This fvndin8 will also enable redisplay of the tekn.le ealleries in Gawthorpe Hall and to inie8iate di8ital
media to enhance the visilor experience.

The Rathel Kay-shuttlewonh Temule Colledo
Report ol the trustees lor theyear¢nded 31 M¥r¢h 2022
Continuing to raise the profile of the Charity and Collection both localfy and more widety through linking
nationally and internationalty wrth academics and experts. delivering outreach programmes, undertaking
general and targeted promotions activrty. as well as continuin8 to deliver high quality Pfogrammes of
exhibition5. wor*shops and events to the public- both lace to lace and online.
Trustees and Thelr Respons1￿1￿￿*$
Under the Charilies Act 2011. the Tru51ee5 are ￿ponsIble for p￿paring ihe Trustees. Report and the
ffinancial statements ITh accordance with applicable law and Uniied Kingdom Accounting Standards Iunited
Kirb8dorn Generally ￿cepted Accountin8 Pn(ticel.
The law applicable to charities In England & Wales rtquire5 the Tru5tee5 to Prepa￿ financial statements
lor each financial year which gtye a true and fair view of the state of affairs of the Charity and of the
incomin8 resources and applicats.on ol rnsources of the Charrty for that period. In preparin8 these
financial statements. Ihe trustees are required to..
select suitable accounting policie5 and then appty them consiStentty-
obsefft the meihods and principle5 in the Charities SORP IFRS I021.,
make jud8ements and estimates that are reasonable and pwdent..
state wheiher applicable accounting standards have been followed, subled to any material
departures distlosed and explained in the financtal statements.. and
prepare the financial statements on the going concern basls unless tt Is Inappropriate to presume
that the Charity will continue in busines5.
The Trustees are r*spon5ible for keepin8 proper accounb"n8 records ihat disclost with reasonable accuracy
at any time the financial position of the Charrty and enable them to ensure that the financial staternents
cornp￿ with the Chariknes Act 2011. They are also responsible for saleguarding the as5et5 of the Charity
and hencè for taking reawnable steps lor the pre¥ention and detection of fraud and other irrezylanlies.
The Rt Hon Lord Shuttleworth KG KCVO
The Hon Sally Fi
Georgina Foster
Michael Millward
Ashley Sutclrflt
Dennis Mendoros 08E DL
n Brown
Linda Drury
Fiona Ritchie

The Rachel Kay.Shuitleworth T￿lIe Colledions
Independent examinerfs report to the trustees
I report tg the Twstees on my examination of the accounts of the Rachel Kay-shuttleworth Textile
Collection&lthe Charity) for the year ended 31 March 2022.
Respecbb* respon5ibilites of tru#ees and examiner
AS the Irustees of the Charrty vou a￿ resy)nsible tor the preparab.on of ihe accounts in accordance with
the requirements of the Charities Art 20111.the Att'l.
I report In ￿pert of my examination of the Charity's a¢tcMJnts carried out under secbon 145 of the 2011
Act and in carryin8 Out my examinatyon I have followed all the applicable Oirections 8r¥en by the Charity
Commission under section 145ISllbl of the Act.
8asis of independent eumlnerfs report
My examinaty.on was cairied out in accordance wrth the general Oirerti0ThS 8i¥en by the Charity
Commission. An examination include5 a review of the attounting records kept by the Charity and
omparison ol the account5 presented with those rectyds. It also includes consideration ol any unusual
itern5 or disclosures in the accounts. and seeking explanatsons from you as Trustees concernin8 any such
matter5. The pr¢xedures undertaktn do not provide all ihe ev￿enCe that would be requi￿d in an audit
and consequently no opinion is 8Nen as lo whether the accounis present a 'twe and fèir view. and the
report 15 limited to those matttls Srf oul in the statemeni below.
Independont examiner's statemen¢
I have completed rny examination. I confirm that no material mallers have tome to my attentlon
connedion wrth the exarnination 8fving mè (au5e to believe that in any material respect..
11 accovntrng r*¢ords were not ￿pt in ol the Charty as wuired by section 130 ofthe Act,. or
21 the accounts do accord with those records.. or
31 the account5 do not cornp￿ with the applicable reqU1￿Men1$ toncerning the Iofm and Content of
accoLtnts set out in the Charibes (Accounts and Reports) Regul•tsons 2c￿8 other than any ￿qUIreMent
thai the accounts gNe a 'tnJe and fair view, which is not a matter considered as part of an independent
examination.
I have no contems and have corne across no ¢xhei matte15 in connertion wlth the examination to which
attentron should be drawn in this report in order to enable a proper understandin8 ol the accounts to be
reached.
Martyn Doblnson FCA
Trinity
16 John Dahon Street
Manchester
8 November 2022
Date..
M2 6HY

The Rachel Kay.Shuttiewoth T￿lIe C•lledions
Statement of financial attiviiies
For the year ended 31 Mar(h 2022
Untertrictsd Restricted
lund
fvnd
Total
2022
Total
2021
Income from..
Volurtary in£ome-. Donations
Activitie5 for generatsn8 funds
Investment income
Grants received
32.292
13.S66
32,292
13.566
1.187
8,906
,225
128,318
81.174
81,174
Total incorning ruources
55,762
81.174
136,936
146,636
Expendlture on:
Generatin8 funds
Chaiiiablg éLlivili¥s
G¢)vernante costs
9,738
31.112
8,928
21.959
40,710
9.950
31,697
71,822
18,878
32.424
61,802
20,853
Tot•1 resources expend•d
49.778
72.619
122,397
115.079
N•t Int¢)me before In%wtrnent mowm•nt
8,555
14.539
31,557
Net ealns on In￿stme￿$
14.331
14.331
35.240
N•t In¢om•
20.315
8,SSS
28.870
66,797
Tramsler> between funds
15501
5x1
Net mo¥em•nt In lunds
19.765
9.los
28,870
66.797
Balance brought forward as at l Aprll 2021
1%,311
70.268
266.579
199,782
Balance (arrled for*•Yd as •t 31 Mar(h 2022
216.076
79.373
295.449
266.579
The statement ot financial adivthes includes all 8ains and losses reco8ni5ed in the pefiod. All intoming resources
and rewurces expended are derivtd from continuin8 aaivilie

The Ra¢hel KaY-ShUtde￿ T￿lIe Coknions
Balan¢e sheet
As at 31 M•r¢h 2022
Total
2022
Total
2022
2022
2021
Fixed asgets
Investments * maiket value
216,798
216.798
187,364
Current assets
Owed by unrestrlued fund
Trade debtors
Prepayrnent5
Cash at bank and in hand
79.373
79.373
792
1.339
80.709
70,268
3.335
1.307
85,768
792
1.339
80,709
82.840
79.373
162.213
160.678
Current li¥bllltles
Owed to restrirted lund
Tradt treditor5
Accruals and deferred Income
79.373
1.107
3,082
79,373
1.107
3.082
70.268
9.485
1,710
83.562
83,562
81.463
Asi•ts r•presenllng unrestrlctsd •nd
restrlded lund5 Ipa8¢ 71
216.076
79.373
295.449
266,579
The financial statements were appr￿ed by the Trusttts ￿.........
The Rt Hon Lord Shuttleworth
The Hon Sally Fwns
Georgina Foster
Michael Millward
Ashley Sutcliffe
Dennis Mendor05
an Bro
Linda Drury
Rr(th¥e

The Rachel l(•wshuttlew￿ Te¥lile Collections
Notts to the finan¢i•l staiements
Ftsr the year ended 31 M•r¢h 2022
Acc¢yJthini polities
l. l Basls of Accounl
The financial 5talements have been prepared under the historical c05t convention. as modified by the
inclusiorb of inve5trnents at rnarket value.
The financial statements have been prepared in accordance with the accounting policie5 Set out below.
the Charites Act 2011 and Accounting and Rewjrling by Charities.. Statement of Recommended
Practice applicable to Charities preparing their accounts in accordance with the Financial Reporting
Standard appl¢cable in the UK and RepublK of Ireland IFRS 1021. Exemptions available for smaller
charities have been taken where appropriate.
The Charity constitutes a public berlefit entity zs defined by FPSIO2.
The financial statements are prepared in stedin& which s the functional currency of ihe Charlty.
Monetary amounis in these finantial stsiements ale rounded io the nearest £.
On 28 November 2019 the Charity reteNed the nei assets of rhe Rachel Kay-shuttleworth Textlle
Collections Iregist*rtd number 5162271. an txisting unintorporated trust wrth the same charitable
bjtctivts as the Charity. This reconstruction was accounted for under ihe merger accounting method
in )¢¢ordance with the Charities SORP IFRS 1021 in the a¢t¢unts forthe year to 31 March 2020.
1. 2 Golni conc*m
The Tru5tee5 have asse55ed whether there are any synfficant doubt5 al)out the Charlty's abllity to
continue as a 8oirb8 concern ènd have not bdenD"fied any material uncertainiies. The accounts have
therefo￿ been prepared on a 8oln8 concern bas15.
1. 3 Invtstmnts
Investments are included in the accounts at chxing mh4-rnarket value at the balance sheet date. Anv
Bain or1055 on revaluation 15 taken to the Staternent of Financial Activ￿e$, whether that be realised or
unrealised.
1. 4 In¢omlng Resourre5
Income is ￿¢06￿•sed in the period in which the Charity is entstled to ￿ceIpt.
1. 5 Resources Expended
Expendrture is inclvded on an accruals basbs.
1. 6 Debt<>rs
Debtor5 are rnea5ured at their recoverab￿ amount.

The Rachel Kay.Shyffle¥thth T￿lIe Collections
Notes to the financi•l statrments Iconlinuedl
For the year ended 31 March 2022
P£tountin8 polictes I¢ominuedl
1. 7 fJedltoYs
Creditor5 are measured at the amount the Charrty anticipaies rt will pay to settle the debt.
1. 8 TIx*iion
The Charity is a registered Charity and accordin$ty ￿ exempt from taxation on its income and gains
Whe￿ they are applied for charrtable p¢Jrposes.
1. 9 Restricted Fund
The restrscted fund Is u>mpri5e(l of funds th￿ have ￿en gwen for particular purpJ5e5 and projects.
I. 10 Unr•strided Fund
The unrestricted lund is cornpri5ed of those fuThJs which ihe ¢rustees are free to use in accordance
with the chaiitable objective5 of the Trusi.
Pyio

The Ra¢hel Kay.Shuttleworth T￿lIe Colle¢iions
Notes to the fin•ncial rtatements (conlln￿￿)
For the year ended 31 March 2022
Cornpar•ti¥e ststemefft of financial actiwties
2022
2022
2021
2021
Incom* frorn:
Voluntsry income.. Donations
Activities for generating funds
Investment income
Grants ￿ceiVed
32.292
13.566
1.187
8,225
81,174
128.318
Totsl Incom1￿ resourc
55.762
81.174
18.318 128.318
txpendiiure ¢Jn:
Generating funds
Charitable activities
Governance cost5
9.738
31,112
8.928
21.959
40.710
9,950
4,048
28.376
8.858 52,944
2.694
18.159
Totsl r*sourre5 expended
49,778
72.619
15.6CQ 99,479
Net Income b•fore mgwrnnt
5.984
8,S55
2.718 28,839
Net gains on irhvestments
14.331
35,240
Net Inwme
20.315
8,555
37.958
Z8,839
Transfers b￿ween funds
15501
550
Net mo%*rnent in fvnds
19.765
9.105
37.958 28,839
8alaThce brou8ht lo￿ard as at l April 2021
196.311
70,268
158,353
41,429
8al¥n¢e urrl•d for￿￿rd as at 31 Maf¢h 2022
216.076
79.373
196,311 70,268
Pay 11

The Ra¢hel K￿-shu￿eWOrth Texlile Colleaions
Notes to the ffinancial statements Iconlinuedl
Forthe year ended 31 Mar(h 2022
Flxed asset Inb*strnents
2022
2021
M¥rket ￿lU¢S as It l Awil 2021
Net Bains on revaluation
Add= Aquisitions at cost
187.364 152.124
14,331
35,240
15,103
Market ￿lUeS as at 31 Maf¢h 2022
216.798 187.364
Hlstork cost •$ ai 31 Marth 2022
53.699
38.596
Investment5 at market value cornpri5ed:
2022
2021
M&G Chirifund
216,798 187,364
M•rket Values •$ a¢ 31 M•rth 2022
216,798 187.364
Voluntsry Incom*
The voluniary Income represenu donauons ioihe Twst from pd¥*e IndiV￿u￿b and tharrtable
or8anisatsons.
Adivilies for8eTrern￿￿ fvnds
2022
2021
Sales of 8¢)od5
Commission
Mlscellaneous
3,039
2,477
3.39J
2,405
3,497
13.566

The Rachel Kay.5hutdewmh T￿lIe Colledi+Jns
Notes to the financial st•tements Iconlinuedl
For the year ended 31 Mar¢h 2022
Inb*slrnent Intomt
2022
2021
Divldends- UK equibe5
Intere5t- Cash dèposits
9,898
8.208
17
8,225
Employees
2022
2021
Wa8e5 and Salaries
5oclal securlty Costs
Pension costs
62.653
12,522
2.949
56.428
3.69S
2,342
Total staff cost5
78,124
62.465
Of whlch relatin8 to key rnanagemerf petsonnel..
Wa8es and salarles
Social security costs
Pension costs
38,733
10.305
2.949
44.070
3,692
2.343
Total
51.987
50,105
Avefa8e headcount
No employees receNed employee beneffiis of MO￿ than £60.LKIJ12021- nill.
Patr 13

The Ra¢hel K•Y.Shu￿eworth T￿lIe Colledions
Notes io ihe ffinan¢ial ststements Iconfinuedl
For the year ended 31 Marrh 2022
8 Total re50urrns expended
Gener•11￿ CI4iTtable Go%*rnance
Funds Aclivi¢ie5
Costs
Total
2022
Totsl
2021
Insurnnce
993
993
Rent
Sundry
Stationery
Telephone
Oisplay/Workshop
Prolessional lees
AccountaTrry
Office equipment
Marketin8
A￿•1$ c05t5
Education fees
Consultancy
Wages
2.703
1,558
793
619
56
283
619
441
140
423
619
1.323
4.290
4.2
1,673
2.538
4.802
2,749
6.939
2.097
1,021
1.115
2.538
4,802
$58
6.274
15.62S
3,146
62,499
9,420
18.840
78.124
33,092
62,465
31.697
71.822
18,878 122,397
115,079
9 Trustees. remunernlon
Tru51ees received no femuneration12021.. £nill and wtre not reIMbu￿ed for any expenses in the year
12021.. £rbill.
The￿ were no further related party transactlons wuiring disch)sur* in either the current or prkjr
vears.
Pw14

The Rathd Ktyshuttleworth Temlile Collealons
Notes to the ffinzncial statements lftyrtin￿d>
For the year ended 31 March 2022
10 Summ•ry of restricted fvnd mo%wnents
At l April Income EXp￿dItUre Tran5fu5 At 31 March
2021
1022
Current ye•r
Arts Council En8land
European Social Fund
National Lottery Ethi￿1 Texts"les
UCLAN
John Murray Charitable Tru
Key Fund
Heritage Fund
Other lunds
9.603
5.872
15.574
io,((*J
4.549
16,%9
22,941
15.1761
11.667
118,9191
1561
115,9671
13,625
11,274
io,Ix
3,003
11,5461
118,1591
114,5261
13,4461
1,190
49.f￿)
2.142
35,074
6,397
7.701
70,268
81.174
172.6191
550
79,373
At l Awll Inc¢Jffle Expendlture Trnnsfern At 31 Marth
2020
2021
CornparaO¥e year
Arts Council En8lènd
European Social Fund
National l¢)ttery Ethical Texknles
UCLAN
John Murray Charitable Tryst
Key Fund
Other funds
81.230
6.757
23,333
lo.co)
172.5271
IS,7111
17.7591
9,603
5.872
15,574
10,0
4,549
16,969
7.701
4.826
10,0
25.CKKI
703
18.0311
6.998
41.429
128.318
199.4791
70,268
The movement in unrestrided funds can be found in the statemtnt of financijl activities on page 7.
The analysis of net assets between funds can be found in ihe balance sheet on page 8.
Pay IS