Trustees Annual Report for the Period: 1 January 2022 to 31 December 2023
See the Annual Accounts completed by Whitings LLP. Annual Return was incorporated within
Registered C¢%Mpany Number." CE016572 (England and Wales Registered Charty Numbgr: 1182116 REPORT OF THE TRUSTEES AND UNAUDrrED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 FOR RAMSEY RURAL MUSEUM CIO
RAMSEY RURAL MUSEUM CIO CONTENTS OF THE FINANCIAL STATEMEpirs FOR THE YEAR ENOED 31 DECEMBER 20rJ Page Report of the Trustees Independent Examlne*s Report Statement ot Flnanclal Activities Balance Sheet Notes to th9 Flnanclal Statgffl•nts
RAMSEY RURAL MUSEUM CIO REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 The trustees present their report wth the financial ststemerits of the charity for th8 year ended 31 December 2023. The Irustees have adopted the provisions of Accounb'ng and Reportir#J by char[t.. Statemènt of Recommended Practice applIcate lo charikn.es prepan.ng their accounts in a¢cordanc£ th the Financial Reporb"ng Standard applKable in the UK and Republic of Ireland (FRS 1021 leffective l January 2019). OBJECTIVES AND AcmvmES Objectives and aims . The advancement of the education of public by the provIsK an(J rnalnlenan of a Museum in or around the lown of Ramsey. The acquisttion. StOratiOn and exhibition to the ptsb1 of rural bygones and items having a connection wrth the social. domeslrc. cr& Irade. iThJusty. agrirAJliure and rural history (in Ramsey and the surrounding villages). Promote research relatrng lo the collecttorts of the and publKation of the results. Publlc benefit In planniThJ our activities the trustees keep in mirKI the Charity Commission guidance on PLtblic benefit at our trustse meetings. In v of the chartty's obpttives to educate on and proted artefacts relating to the local agricultural history of a famFing mathet town. The work of the tharity has cyjntinued to operate in accordan wilh these atrns. seekwig to promoie wblic benefrt thrcwh the chari¥s activities. ActivltiOS The MuseJJm's artefaLts are arranged in the frAlowing coHertions: Agricultu Small local trades Local Sofial history Archive of local historical inf(fflption Artefacts are deaned and maintained in the best way F#Xble given avaifabilty of space and funds. Descriptions. stories, and information are presented for the knowledge and education of visitors and recently films and Short videos have supF4emented this in several areas. In order to fund this wts a small fee is thaTged for entrance. a tea rcrf)m is proVrt and events are held in the grounds which attract ViVAtors from a large area. both focalty and intemattonajly. The Museum's volunleers are the essence of the museum as we are entirety run. managed and governed by volunteers. The Ramsey Rural Museum CIO does not makes grnnts. FINANCIAL REVIEW AND RESERVES Investment policy Monies frK regular expenditure are held in a ¢)Jrrent account with Ihe chafitys bankers. Th& tharily's excess funds are rotained in an interèsl-bearing fund speufically for charities whi earns interest each month.
RAMSEY RURAL MUSEUM CIO REPORT OF THE TRUSTEES IconL) FOR THE YEAR ENDED 31 DECEMBER 2023 Reserves policy As a small museum our reseryes lcY is one of safety first. Th8 Injstees aim lo maintain geral reserves that equate to al least one yearfs operating c#)sts and have successfully done so this year. Designated reseNes are held for the long-tenn accumulat of ftjnds for larger maintenanc* and possible contingencies such as roof repairs. Review The charity continued to operate at a small surplus wth a majority of its income cmiing from Events, the Tea Shop and Museum admissions. Other income is received from rentry (xrt the rry)ms and fi8kls when available as weH as bank interest however this Income is well below the de minimis limft of 25% of Charitls inme. STRUCTURE. GOVERNANCE AND MANAGEMEp¥r Govèrning document The charity is a CIO {Charitable IncJxporaled Organisabon) u)ntrdled by tts Constituti registered on 19th February 2019. Organisational structure The charity has a board of trustees comprising srx twstees. The trustees are responsible for the strategic direction policy of the charity arml have contrd of the charity, its assets and funds. Recruitment and appointment of new trustees New trustees are appointed by the tN)ard the AGM. New twstees wrth diverse and useful skills who could add value to the govemano of the charity are ¢tinualty being sought. ACHIEVEMENTS AND PERFORMANCE 2023 represents a turn round from the preVuS year whth was still very much affected by the P3ndemtC. We have been successfijl in attrading some more volunteers. parbcul3rfy on the Front of House side where dwindling numbers had Ihreatened our ability to open to Ihe public. The museum slratsgy to 2023 was presented to the volunteers and received great supr)ort, as w8S the Development Plan. This was also shared with our larKllffll and as a result. we were able to embark on the stsrt of our lease renegotiabng. We are hOf1 thal we will be ae to achteve a new lease that is favourable to our strategy and to the charitys specific needs. We relaunched our scho)Is visit programme vthi¢h started well and ts)Ih gfOUP visils and the use of the museurwl by other educatk)nal organisations was successful. We undertook adchlional conservation and mainlenance wort( during ttie year, VieWed a number of policies and had a busy year renewir¥J and upgrading items such as the CCTV. Hearing Aid loops. and many financial tools. During the year we successfvlty ran a number of events lch raised fvnds such that we ended the yoar wlth a small surplus.
RAMSEY RURAL MUSEUM CK) REPORT OF ThE TRUSTEES (¢onL) FOR THE YEAR ENDED 31 DECEMBER 2023 REFERENCE AND ADMINISTRATIVE DEfAILS RegISter Company Number CE016572 Reglster•d Charfty Number 1182116 Prin¢ipal Address Ramsey Rural Museum Wood lane Ramsey Huntingdon PE26 2XD Trusteés lan Guant Debbie Lantl Gill Raymenl Jeremy Mumford steve Walson Zara Matthews Indèpendent Examlner Andrew Band FCA Whitings LLP 108 High Street Ramsey Hunlingdon PE26 1BS Bankers Barclays Bank UK PLC 1 Churchill P5ace London E145HP Approved by order of the board of Int5tees and signed on its behalf by. Dr lan Gaunt Chair Mr Jeremy Trusfee Date Date
IiAMSEf RURAL MUSEUAI CIO REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022 INDEPENDElff EXAMINER'S REPORT I rèport to thg organisatson's trustees on my examinath)n ofth8 Unts ofthe Rams8y Rural Museum CIO for the year ended 31 December 2023. Res¢ti¥¢ r•spon$ibili15•5 As Ihè trusl8&s of thè CIO larKI also its dIreOr$ ts the KxJfFK)S8s of (xxnpany law) you are responsibl8 for the preparation of the a¢counts in accOrdae wrth the reqLswem8nts of the Cunpanies Art 2011 {Ihe Act-l. Having salisfied myselfth*the accounts of the CIO are rM7t require(I to be aurfrted under Part 16 of the 2006 Act and are ellgibFe for independent examination. l port in respe(a of my examtnabon of your charity's accounts as carried (xrt under Secth)n 145 of the Acl. In carrying out my exanwnalion I havo followed the Directb)ns given by the Chwity Commission urxjer Sethon 14515Xb) of the 2011 Acl. Basls of IndoAdent Examinèrfs report My examination was carried out tn acc(%dance with General DIrecon5 given by the Charity CommissK)n. An examination iludeS a review of the acxxAJnting record5 kept by the charity and a compallson of the accounts sented with Ihose records. Jt a150 includes cortsideration of any unusual Ètgms or disclosures in the accounts and seeking explanatjons from you as tn&stees concerning any such matters. The prcK8dures und8rtaken do noi provtde all thè e¥hJen¢% Ihat would be requir in an audit. and ujnsequenlly no opinK)n is given as to whether the a¢cthJnts present a and fair and ttE report is limited lo those matters sel out in tho statement beknw. lTrdèp•ndent Examinerfs statement I have completed my examination. I confimi that rKJ material matters have cnme to my attention in connection wrth the examin8tK)n gNing me lISe to bdieve Ihat in any material r8spect.' 1. acwuntsng records were not kept in respect olthe CIO as roquired by saction 130 01 thé Acl: or 2. the accounts do not accord wth these records., or 3. the accounts do not comply with the aWi(able requirements IXNMIng the fom and contents of accounts Set tyjt in the Charities (Accounts arKI R&rKsrtsl Regu)abons 2008 other than any requirement that the accwnts give a'true and fair viev/ whKh is not a mattw considered as part of an independent examin8ti0n. I h8v8 no concerns and have com8 across rn other matters in conneclK)n the examtnalion to which attention shwld be dtawn in this rewt in or(ter lo enable a proper understsnding of the ac(x)ufhts to be ceached. Sned by the Indendent Examiner. Lilj Andrew Band FCA Whttings LLP Chartered Accountants & Business AdserS 108 High Street Rarnsey Hunlingdon Cambs PE26 1BS
RAMSEY RURAL MUSEUM CIO STATEMENT OF FINANCIAL ACTMTIES FOR THE YEAR ENDED 31 DECEMBER 2023 2023 Total funds 2022 Total fvnds funds funds INCOME AND ENDOWMENTS FROIJI Charitab18 actlvities (Nole 6) Investment income INole 71 pc"0nS and Iwies 27.403 8.538 3.962 2.2 29,633 8.538 3.962 33,840 2,387 9.432 39.903 2.230 42,133 45,659 EXPENDITURE ON CHARrrABLE AcnvmES Operatlng the Museum INole 8) 36.027 37.956 42.813 NET INCOMEIIEXPENDtruREI 4.177 RECONCILIATION OF FUNDS Total balare brought foThward 83.976 Total balance [ried fc*ward 90,999 86,822
RAMSEY RURAL MUSEUM CIO BALANCE SHEET FOR THE YEAR ENDED 31 DECEMBER 2023 2023 Total fvnds 2022 Total funds Unrestricted funds Restricted fvnds FIXED ASSETS Tangible assets CURRENT ASSETS CÈsh at bank Deblors {Not8 4) 86.323 3,495 1.100 89,818 1.294 86.822 CREDITORS Amount5 falling due within one year (Note 5} (1131 (113) NET CURRENT ASSErs 86.404 4,595 86.822 TOTAL ASSETS LESS CURRENT LIABILITIES 4,595 90.999 86.822 NET ASSETS 86.404 4,595 90.999 88,822 FUNDS Unrestricted funds- Designated UnreslTided fvnds- General Restricted funds 65.693 20.711 4.595 63.087 19.441 4,294 TOTAL FUNDS 90,999 86.822 The financial staternents were approved by the Board of Trustees and authorwd for issue on nd We signed on its behalf by: IAN GAUNT Chair
RAMSEY RURAL MUSEUM CIO NOTES TO THE FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 DECEMBER 2023 1. ACCOUNTING POUCIES Basis of preparatlon of financial statements Tho financial statemerbls have been prepared under tho horiCal tTht COnventh with items recognised at o)sl or transaction value unless otherwi%e stated in the rdevant notes to these finanal slatemonls. The rtnancial slalements have been prepared in accordance with the Statement of Recommertded Practice.. Accounting and Reportrng by Charities preparing Iheir accounts in accor(lance wtth the Financial Rewirtin9 Standard applicable in the United "ngdoM Ènd Republic of Ireland IFRS 102) issued on 1st January 2019 and the Financial Reporting Standard applicable in the United Kingdom and RebI of Ireland {FRS 1021 arKJ Ihe Charrbes Act 2011. Slatemgnt of cash Ilows The TnJste8s have opted lo take advantage ofthe amendment to Charities SORP FRS 102. where only larger tharities are required to prepare a Ststement of Cash Flow. Income All income is recognised in the Statement of Financial AttiVIt once the charity ha$ eniTtlement to the nds. it is probable that the income will be rewved and the amount can be measured reliably. Expondituro Liabilib"es are reC9lsed as expenditure as s(M)n as the is a legal or cStruCtiVe oblKJation comfflitting the charity to that expendihjre, it is probabje that a transfer of economic benefits will be required in setdemenl and the awnt of the obligan can be measured relbly. ExpeThJilure is accounted lor on an acuuals basis and has been classified under headings that aggregate all cost related lo the category. Where eA)sts cannot be directy attribuled to particular headings they have been allocated to activitres on a basis consislent wilh the use ol resources. Taxation The charity is exempl from corporation tax on its chafitable activitie5. Fund accountlng Unrestricted funds can be used in ac(x)rdan with the charltabte objectives al the discretion ofthe tswslees. Reslrteted funds can only be used for particular restricted purposes wthin the obj'ects ofthe charity. Restrictions arise when spgcrfied by the donor ty when funds are raise(I for p8rbcular restn'cted purposes. Further explanation ofthe nature *rbd puryjose of each fund is induded in the notes to the finanoal statements. 2. TRUSTEES. REMUNERATION AND BENEFrrs Thefe were no trustees. remuneration or other beneffts ts the yearerthd 31 December 2023 nor for the year ended 31 December 2022. Trustees. expenses The Iruslees paid for arKf were reirnbursed fully for Ihe frAkn4V. lan Gaunt: Marquee costs lotaS1ing £257.66 Jeromy Mumford: Epson Printer for £832.95, ICO Ilcenee for £40. Maintenare costs of£391.50. Shop Supplies of £1 T6.40 and other sundries of £337.50 for a totsl of £1,778.35. steve Watson: Reciprocating saw of£118.99. Signage of £123.65. and vartous r&pairs & sundries of £111.10 for a total of £353.74. He also Pa for and purchased £100.00 of scaffolding board from the museum. Zara Matthows, Gill RavThnt. Debbie Land: N
RAMSEY RURAL MUSEUM CIO NOTES TO THE FINANCIAL STATEMENTS {conL) FOR THE YEAR ENDED 31 DECEMBER 2023 3. STAFF COSTS There were no staff In the year as the organlsatlon is run by vdunteers. there are no staff earning in ex$ of £60.0(K). 4. DEBTORS 2023 2022 Grants Outreach income 1.100 194 5. CREDITORS: AMOUNTS FALLING DUE YirrHIN ONE YEAR 2023 2022 Other creditors 113 . CHARITABLE ACTIVITIES 2023 2022 Chafit8bEe activities Grants received 27.153 2.480 29,633 30.314 3,526 7. INVESTMENT INCOME 2023 2022 Rental income Interest received S,1() 3,438 1,486 901 2.387
RAMSEY RURAL MUSEUM CIC NOTES TO THE FINANCIAL STATEMENTS {¢ont.) FOR THE YEAR ENDED 31 DECEMBER 2023 8. EXPENDITURE ON CHARITABLE ACTIVtTI&¢ 2023 2022 88nk chargas Legal & prlrfessional fees Business rates and water Purchases Conserv2tton costs Curalorial o)sts Event costs IT Harthvare & Software Printing, postsge and 5ts1ionery Insurance Rent Repairs and maintenan Marketing and publioty Membership and sUb$LPtIOnS Clothing purchases Outreach SLfndry Restricted grants s Light and heat Telephone and broadband 140 560 502 5.532 916 5.487 923 4.019 2,168 120 1.885 7,927 2,255 4.222 I I 1.234 7,557 1,543 135 137 130 422 4,027 3,910 416 10.200 709 123) 235 1.705 6.013 519 37.956 42,813 9. MOVEMENT IN FUNDS The charity is controjled by the board of trustees. Balance at 1 January 2022 Year ended 31 Dmber 2022 Balance at 31 December 2022 lrtDme Expendtt¥Je Transfe Unrestricted fijnds Restricted lun(Is 78.151 5.825 39,134 6.525 36,973 5.840 1,975 11.975} 82.287 4.535 rotal 83.976 42.813 86,822 Balance at 1 January 2023 Year ended 31 Oecember 2023 BanI% at 31 Dernber 2023 IrKOn Expenditure Transfers unstrICted fijnds Reslricled fun(Is 82.287 4.535 39.903 2.230 36.027 1.929 241 {241 86,404 4.595 Totsl 86.822 42,133 37.956 10. ULTIMATE CONTROLUNG PARTY The eharity is controlled by the board of trustees.
RAMSEY RURAL MUSEUM CIO DETAILED STATEMENT OF FINANCIAL ACTMTIES FOR THE YEAR ENDED 31 DECEMBER 2023 2023 Totsl funds 2022 Totsl funds Unrestsi¢teO R8stricted luThJs funds INCOME AND ENDOWMEKfs FROM Charltable activitles Charitable a¢tivities Granls re¢eived 27,153 2Y) 27.153 30.314 3.526 2.230 Investment income Rent81 income Interest received 5.IrKJ 5.100 3.438 1.486 901 Donatlons 8tid legacles 3,962 9.431 42.133 45.659 EXPENDITURE ON CHARITABLE ACTivmES Bank charges Legal & professional fees Business rates and water Purchases ConSerV8t CA)sts Curatorial costs Event costs IT Hardware & Software Printing, postage and statery Insurance Rent Repairs and maintenance markets.ng and publicily Membetship 8nd 5ub5cxiplions Clothing purchases Oulreaeh Sundry Restricted grants spent Light and heal Telephone and broadbarKI 108 502 196 5.532 916 284 4.019 2,168 120 1.885 1.384 10.199 1.385 709 123) 235 100 1.705 6.013 519 140 560 640 5,487 923 882 7,927 2.255 12 5,532 916 4.019 2,168 120 1.885 4.222 1,234 7,557 1.543 135 137 130 422 4,027 3.910 416 10,199 709 123) 224 11Y) 1.705 6.013 519 36.027 1,929 37,956 42.813 NET INCOMEIIEXPENDITURE) 4,1TT 2,846 RECONCIUATION OF FUNDS Total balance brought foTh¥ard 86,822 83,976 Tot81 balance carried forward 90,999 86,822 This page does not form p•1 of Ihe statutthy financ3al statemonts.
Registered C¢%Mpany Number." CE016572 (England and Wales Registered Charty Numbgr: 1182116 REPORT OF THE TRUSTEES AND UNAUDrrED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 FOR RAMSEY RURAL MUSEUM CIO
RAMSEY RURAL MUSEUM CIO CONTENTS OF THE FINANCIAL STATEMEpirs FOR THE YEAR ENOED 31 DECEMBER 20rJ Page Report of the Trustees Independent Examlne*s Report Statement ot Flnanclal Activities Balance Sheet Notes to th9 Flnanclal Statgffl•nts
RAMSEY RURAL MUSEUM CIO REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 The trustees present their report wth the financial ststemerits of the charity for th8 year ended 31 December 2023. The Irustees have adopted the provisions of Accounb'ng and Reportir#J by char[t.. Statemènt of Recommended Practice applIcate lo charikn.es prepan.ng their accounts in a¢cordanc£ th the Financial Reporb"ng Standard applKable in the UK and Republic of Ireland (FRS 1021 leffective l January 2019). OBJECTIVES AND AcmvmES Objectives and aims . The advancement of the education of public by the provIsK an(J rnalnlenan of a Museum in or around the lown of Ramsey. The acquisttion. StOratiOn and exhibition to the ptsb1 of rural bygones and items having a connection wrth the social. domeslrc. cr& Irade. iThJusty. agrirAJliure and rural history (in Ramsey and the surrounding villages). Promote research relatrng lo the collecttorts of the and publKation of the results. Publlc benefit In planniThJ our activities the trustees keep in mirKI the Charity Commission guidance on PLtblic benefit at our trustse meetings. In v of the chartty's obpttives to educate on and proted artefacts relating to the local agricultural history of a famFing mathet town. The work of the tharity has cyjntinued to operate in accordan wilh these atrns. seekwig to promoie wblic benefrt thrcwh the chari¥s activities. ActivltiOS The MuseJJm's artefaLts are arranged in the frAlowing coHertions: Agricultu Small local trades Local Sofial history Archive of local historical inf(fflption Artefacts are deaned and maintained in the best way F#Xble given avaifabilty of space and funds. Descriptions. stories, and information are presented for the knowledge and education of visitors and recently films and Short videos have supF4emented this in several areas. In order to fund this wts a small fee is thaTged for entrance. a tea rcrf)m is proVrt and events are held in the grounds which attract ViVAtors from a large area. both focalty and intemattonajly. The Museum's volunleers are the essence of the museum as we are entirety run. managed and governed by volunteers. The Ramsey Rural Museum CIO does not makes grnnts. FINANCIAL REVIEW AND RESERVES Investment policy Monies frK regular expenditure are held in a ¢)Jrrent account with Ihe chafitys bankers. Th& tharily's excess funds are rotained in an interèsl-bearing fund speufically for charities whi earns interest each month.
RAMSEY RURAL MUSEUM CIO REPORT OF THE TRUSTEES IconL) FOR THE YEAR ENDED 31 DECEMBER 2023 Reserves policy As a small museum our reseryes lcY is one of safety first. Th8 Injstees aim lo maintain geral reserves that equate to al least one yearfs operating c#)sts and have successfully done so this year. Designated reseNes are held for the long-tenn accumulat of ftjnds for larger maintenanc* and possible contingencies such as roof repairs. Review The charity continued to operate at a small surplus wth a majority of its income cmiing from Events, the Tea Shop and Museum admissions. Other income is received from rentry (xrt the rry)ms and fi8kls when available as weH as bank interest however this Income is well below the de minimis limft of 25% of Charitls inme. STRUCTURE. GOVERNANCE AND MANAGEMEp¥r Govèrning document The charity is a CIO {Charitable IncJxporaled Organisabon) u)ntrdled by tts Constituti registered on 19th February 2019. Organisational structure The charity has a board of trustees comprising srx twstees. The trustees are responsible for the strategic direction policy of the charity arml have contrd of the charity, its assets and funds. Recruitment and appointment of new trustees New trustees are appointed by the tN)ard the AGM. New twstees wrth diverse and useful skills who could add value to the govemano of the charity are ¢tinualty being sought. ACHIEVEMENTS AND PERFORMANCE 2023 represents a turn round from the preVuS year whth was still very much affected by the P3ndemtC. We have been successfijl in attrading some more volunteers. parbcul3rfy on the Front of House side where dwindling numbers had Ihreatened our ability to open to Ihe public. The museum slratsgy to 2023 was presented to the volunteers and received great supr)ort, as w8S the Development Plan. This was also shared with our larKllffll and as a result. we were able to embark on the stsrt of our lease renegotiabng. We are hOf1 thal we will be ae to achteve a new lease that is favourable to our strategy and to the charitys specific needs. We relaunched our scho)Is visit programme vthi¢h started well and ts)Ih gfOUP visils and the use of the museurwl by other educatk)nal organisations was successful. We undertook adchlional conservation and mainlenance wort( during ttie year, VieWed a number of policies and had a busy year renewir¥J and upgrading items such as the CCTV. Hearing Aid loops. and many financial tools. During the year we successfvlty ran a number of events lch raised fvnds such that we ended the yoar wlth a small surplus.
RAMSEY RURAL MUSEUM CK) REPORT OF ThE TRUSTEES (¢onL) FOR THE YEAR ENDED 31 DECEMBER 2023 REFERENCE AND ADMINISTRATIVE DEfAILS RegISter Company Number CE016572 Reglster•d Charfty Number 1182116 Prin¢ipal Address Ramsey Rural Museum Wood lane Ramsey Huntingdon PE26 2XD Trusteés lan Guant Debbie Lantl Gill Raymenl Jeremy Mumford steve Walson Zara Matthews Indèpendent Examlner Andrew Band FCA Whitings LLP 108 High Street Ramsey Hunlingdon PE26 1BS Bankers Barclays Bank UK PLC 1 Churchill P5ace London E145HP Approved by order of the board of Int5tees and signed on its behalf by. Dr lan Gaunt Chair Mr Jeremy Trusfee Date Date
IiAMSEf RURAL MUSEUAI CIO REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022 INDEPENDElff EXAMINER'S REPORT I rèport to thg organisatson's trustees on my examinath)n ofth8 Unts ofthe Rams8y Rural Museum CIO for the year ended 31 December 2023. Res¢ti¥¢ r•spon$ibili15•5 As Ihè trusl8&s of thè CIO larKI also its dIreOr$ ts the KxJfFK)S8s of (xxnpany law) you are responsibl8 for the preparation of the a¢counts in accOrdae wrth the reqLswem8nts of the Cunpanies Art 2011 {Ihe Act-l. Having salisfied myselfth*the accounts of the CIO are rM7t require(I to be aurfrted under Part 16 of the 2006 Act and are ellgibFe for independent examination. l port in respe(a of my examtnabon of your charity's accounts as carried (xrt under Secth)n 145 of the Acl. In carrying out my exanwnalion I havo followed the Directb)ns given by the Chwity Commission urxjer Sethon 14515Xb) of the 2011 Acl. Basls of IndoAdent Examinèrfs report My examination was carried out tn acc(%dance with General DIrecon5 given by the Charity CommissK)n. An examination iludeS a review of the acxxAJnting record5 kept by the charity and a compallson of the accounts sented with Ihose records. Jt a150 includes cortsideration of any unusual Ètgms or disclosures in the accounts and seeking explanatjons from you as tn&stees concerning any such matters. The prcK8dures und8rtaken do noi provtde all thè e¥hJen¢% Ihat would be requir in an audit. and ujnsequenlly no opinK)n is given as to whether the a¢cthJnts present a and fair and ttE report is limited lo those matters sel out in tho statement beknw. lTrdèp•ndent Examinerfs statement I have completed my examination. I confimi that rKJ material matters have cnme to my attention in connection wrth the examin8tK)n gNing me lISe to bdieve Ihat in any material r8spect.' 1. acwuntsng records were not kept in respect olthe CIO as roquired by saction 130 01 thé Acl: or 2. the accounts do not accord wth these records., or 3. the accounts do not comply with the aWi(able requirements IXNMIng the fom and contents of accounts Set tyjt in the Charities (Accounts arKI R&rKsrtsl Regu)abons 2008 other than any requirement that the accwnts give a'true and fair viev/ whKh is not a mattw considered as part of an independent examin8ti0n. I h8v8 no concerns and have com8 across rn other matters in conneclK)n the examtnalion to which attention shwld be dtawn in this rewt in or(ter lo enable a proper understsnding of the ac(x)ufhts to be ceached. Sned by the Indendent Examiner. Lilj Andrew Band FCA Whttings LLP Chartered Accountants & Business AdserS 108 High Street Rarnsey Hunlingdon Cambs PE26 1BS
RAMSEY RURAL MUSEUM CIO STATEMENT OF FINANCIAL ACTMTIES FOR THE YEAR ENDED 31 DECEMBER 2023 2023 Total funds 2022 Total fvnds funds funds INCOME AND ENDOWMENTS FROIJI Charitab18 actlvities (Nole 6) Investment income INole 71 pc"0nS and Iwies 27.403 8.538 3.962 2.2 29,633 8.538 3.962 33,840 2,387 9.432 39.903 2.230 42,133 45,659 EXPENDITURE ON CHARrrABLE AcnvmES Operatlng the Museum INole 8) 36.027 37.956 42.813 NET INCOMEIIEXPENDtruREI 4.177 RECONCILIATION OF FUNDS Total balare brought foThward 83.976 Total balance [ried fc*ward 90,999 86,822
RAMSEY RURAL MUSEUM CIO BALANCE SHEET FOR THE YEAR ENDED 31 DECEMBER 2023 2023 Total fvnds 2022 Total funds Unrestricted funds Restricted fvnds FIXED ASSETS Tangible assets CURRENT ASSETS CÈsh at bank Deblors {Not8 4) 86.323 3,495 1.100 89,818 1.294 86.822 CREDITORS Amount5 falling due within one year (Note 5} (1131 (113) NET CURRENT ASSErs 86.404 4,595 86.822 TOTAL ASSETS LESS CURRENT LIABILITIES 4,595 90.999 86.822 NET ASSETS 86.404 4,595 90.999 88,822 FUNDS Unrestricted funds- Designated UnreslTided fvnds- General Restricted funds 65.693 20.711 4.595 63.087 19.441 4,294 TOTAL FUNDS 90,999 86.822 The financial staternents were approved by the Board of Trustees and authorwd for issue on nd We signed on its behalf by: IAN GAUNT Chair
RAMSEY RURAL MUSEUM CIO NOTES TO THE FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 DECEMBER 2023 1. ACCOUNTING POUCIES Basis of preparatlon of financial statements Tho financial statemerbls have been prepared under tho horiCal tTht COnventh with items recognised at o)sl or transaction value unless otherwi%e stated in the rdevant notes to these finanal slatemonls. The rtnancial slalements have been prepared in accordance with the Statement of Recommertded Practice.. Accounting and Reportrng by Charities preparing Iheir accounts in accor(lance wtth the Financial Rewirtin9 Standard applicable in the United "ngdoM Ènd Republic of Ireland IFRS 102) issued on 1st January 2019 and the Financial Reporting Standard applicable in the United Kingdom and RebI of Ireland {FRS 1021 arKJ Ihe Charrbes Act 2011. Slatemgnt of cash Ilows The TnJste8s have opted lo take advantage ofthe amendment to Charities SORP FRS 102. where only larger tharities are required to prepare a Ststement of Cash Flow. Income All income is recognised in the Statement of Financial AttiVIt once the charity ha$ eniTtlement to the nds. it is probable that the income will be rewved and the amount can be measured reliably. Expondituro Liabilib"es are reC9lsed as expenditure as s(M)n as the is a legal or cStruCtiVe oblKJation comfflitting the charity to that expendihjre, it is probabje that a transfer of economic benefits will be required in setdemenl and the awnt of the obligan can be measured relbly. ExpeThJilure is accounted lor on an acuuals basis and has been classified under headings that aggregate all cost related lo the category. Where eA)sts cannot be directy attribuled to particular headings they have been allocated to activitres on a basis consislent wilh the use ol resources. Taxation The charity is exempl from corporation tax on its chafitable activitie5. Fund accountlng Unrestricted funds can be used in ac(x)rdan with the charltabte objectives al the discretion ofthe tswslees. Reslrteted funds can only be used for particular restricted purposes wthin the obj'ects ofthe charity. Restrictions arise when spgcrfied by the donor ty when funds are raise(I for p8rbcular restn'cted purposes. Further explanation ofthe nature *rbd puryjose of each fund is induded in the notes to the finanoal statements. 2. TRUSTEES. REMUNERATION AND BENEFrrs Thefe were no trustees. remuneration or other beneffts ts the yearerthd 31 December 2023 nor for the year ended 31 December 2022. Trustees. expenses The Iruslees paid for arKf were reirnbursed fully for Ihe frAkn4V. lan Gaunt: Marquee costs lotaS1ing £257.66 Jeromy Mumford: Epson Printer for £832.95, ICO Ilcenee for £40. Maintenare costs of£391.50. Shop Supplies of £1 T6.40 and other sundries of £337.50 for a totsl of £1,778.35. steve Watson: Reciprocating saw of£118.99. Signage of £123.65. and vartous r&pairs & sundries of £111.10 for a total of £353.74. He also Pa for and purchased £100.00 of scaffolding board from the museum. Zara Matthows, Gill RavThnt. Debbie Land: N
RAMSEY RURAL MUSEUM CIO NOTES TO THE FINANCIAL STATEMENTS {conL) FOR THE YEAR ENDED 31 DECEMBER 2023 3. STAFF COSTS There were no staff In the year as the organlsatlon is run by vdunteers. there are no staff earning in ex$ of £60.0(K). 4. DEBTORS 2023 2022 Grants Outreach income 1.100 194 5. CREDITORS: AMOUNTS FALLING DUE YirrHIN ONE YEAR 2023 2022 Other creditors 113 . CHARITABLE ACTIVITIES 2023 2022 Chafit8bEe activities Grants received 27.153 2.480 29,633 30.314 3,526 7. INVESTMENT INCOME 2023 2022 Rental income Interest received S,1() 3,438 1,486 901 2.387
RAMSEY RURAL MUSEUM CIC NOTES TO THE FINANCIAL STATEMENTS {¢ont.) FOR THE YEAR ENDED 31 DECEMBER 2023 8. EXPENDITURE ON CHARITABLE ACTIVtTI&¢ 2023 2022 88nk chargas Legal & prlrfessional fees Business rates and water Purchases Conserv2tton costs Curalorial o)sts Event costs IT Harthvare & Software Printing, postsge and 5ts1ionery Insurance Rent Repairs and maintenan Marketing and publioty Membership and sUb$LPtIOnS Clothing purchases Outreach SLfndry Restricted grants s Light and heat Telephone and broadband 140 560 502 5.532 916 5.487 923 4.019 2,168 120 1.885 7,927 2,255 4.222 I I 1.234 7,557 1,543 135 137 130 422 4,027 3,910 416 10.200 709 123) 235 1.705 6.013 519 37.956 42,813 9. MOVEMENT IN FUNDS The charity is controjled by the board of trustees. Balance at 1 January 2022 Year ended 31 Dmber 2022 Balance at 31 December 2022 lrtDme Expendtt¥Je Transfe Unrestricted fijnds Restricted lun(Is 78.151 5.825 39,134 6.525 36,973 5.840 1,975 11.975} 82.287 4.535 rotal 83.976 42.813 86,822 Balance at 1 January 2023 Year ended 31 Oecember 2023 BanI% at 31 Dernber 2023 IrKOn Expenditure Transfers unstrICted fijnds Reslricled fun(Is 82.287 4.535 39.903 2.230 36.027 1.929 241 {241 86,404 4.595 Totsl 86.822 42,133 37.956 10. ULTIMATE CONTROLUNG PARTY The eharity is controlled by the board of trustees.
RAMSEY RURAL MUSEUM CIO DETAILED STATEMENT OF FINANCIAL ACTMTIES FOR THE YEAR ENDED 31 DECEMBER 2023 2023 Totsl funds 2022 Totsl funds Unrestsi¢teO R8stricted luThJs funds INCOME AND ENDOWMEKfs FROM Charltable activitles Charitable a¢tivities Granls re¢eived 27,153 2Y) 27.153 30.314 3.526 2.230 Investment income Rent81 income Interest received 5.IrKJ 5.100 3.438 1.486 901 Donatlons 8tid legacles 3,962 9.431 42.133 45.659 EXPENDITURE ON CHARITABLE ACTivmES Bank charges Legal & professional fees Business rates and water Purchases ConSerV8t CA)sts Curatorial costs Event costs IT Hardware & Software Printing, postage and statery Insurance Rent Repairs and maintenance markets.ng and publicily Membetship 8nd 5ub5cxiplions Clothing purchases Oulreaeh Sundry Restricted grants spent Light and heal Telephone and broadbarKI 108 502 196 5.532 916 284 4.019 2,168 120 1.885 1.384 10.199 1.385 709 123) 235 100 1.705 6.013 519 140 560 640 5,487 923 882 7,927 2.255 12 5,532 916 4.019 2,168 120 1.885 4.222 1,234 7,557 1.543 135 137 130 422 4,027 3.910 416 10,199 709 123) 224 11Y) 1.705 6.013 519 36.027 1,929 37,956 42.813 NET INCOMEIIEXPENDITURE) 4,1TT 2,846 RECONCIUATION OF FUNDS Total balance brought foTh¥ard 86,822 83,976 Tot81 balance carried forward 90,999 86,822 This page does not form p•1 of Ihe statutthy financ3al statemonts.