Registwed Compwry Numbgr: CE016572 (England and W•lgs1 Registered Charlty Number: 1182116 REPORT OF THE TRUSTEES AND DRAFf UNAUDITED FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 DECEMBER 2024 FOR RAMSEY RURAL MUSEUM CIO
RAMSEY HUR MLISEUM CIO copirENTS OF THE FINANCIAL STATEMEMTS FOR THE YEAR ENDED 31 DECEMBER 2024 Rgport olthg Trust•o¥ Ind?perrfloftt Examln•es Ilwlrt ststs11 of nanCIal Acbvlt
RAMSEY RURAL MUSEUI REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2tr24 The 1rustee5 present Iheir rewt ilh the finaNx81 ststeinents ofthè rrtY knttEyear ended 31 Deeemb8r 2024. The ITr188$ hav& adopt the provi%vJns of Acc0"vJ and Reyffing by charit$.. Statoment ol R9cLmendg Prathe aOicable to d)arilie5 ppari 1har accounts in accordanfje with the Financi Rep)rbng StaThJard appIatrA8 in Ihe UK and Repu of IrslaThJ IFRS 1021 leffectiv? l January 20191. OBJECTIVES AND ACTMllES ObJ8¢iives and alms . The aLtvancement of of Ihe Pull by Ihe and mwntenwK ol a Museum in or arwrKI Ihe town ol Ramsey. . The ac¢wisthn. restoralK)n exhti to the putth of rurat bJws items havFrvJ a connection wilh th• soci, dom&si¢. uafL trada. ithsty, and rural history {in Ramsey and the surroundwig villages). . Promote res•arch rebatiNJ to the coledwM of lh8 frhjswm thè puilThtion ofthg results. All trustees have had r8oard to the gLBJance issuwl by the Charty CA)mmis55on on put ben&lit. In view of th& chariws objeciwes to èdwate on Prot artefacts TeL4ting to the bcal agrUltUral history of a farming martet ttrwn. Th8 OF the Larity has (x)ntinu&Y to OP8ratÈ in accordance wih these wms. Serj ts promote benefft 1hroh the thanvs actNities. Agricukvrg sm1 local tyades L(rj SOCI history . Archive ol local histo1 inforrnalw)n Artefacts are ckaned aThl mainta¥1 in the testway rAissiAe QNen availabfty ol space atKI lunds. D05crptions, st(xiès. aNI infomiath.on are presenl•l lor thè kr and e(hjcaIi of visitors and recenlyfikns arKI short VKleos have SUementj in several 3s. A tea rc¥)m is provKkd and 8vgnts h81d in tte attracl ¥st(S from a largg area, l>)Ih kncally and intemabonally. The museum is run arKI managed entity by volun16ws.Tr Kknseums VInteerS are the essence of the m[uM as are 8nbrdy run. managed arKI govemed by vohjnteers. The Ramsey Rural Nkneum CK) (knes not makes grants. FINANCIAL REVIEW AND RESEFIVES Invgstmènt polky Monies IOT regular expeni*ture arè hekl in a curreni hith ts charis barkeTS. The charilfs trxcess fu1$ affj retsined an intergst-bwitYJ fund spetsf• lor tharilt&s whKh eams Intert each monih.
RAMSEY RURAL IIUSEUI REPORT OF THE TRUSTEES (conL) FOR THE YEAR ENDED 31 DECEMBER 2024 ReBeNos pollty As a srnau museum our reseryes F#)fw is one of safety first Ger reserves are hokl th equatè tts al least one yearfs oporating $ts, aThJ designated rw6erves ar8 held for the ktyterm aecumuL4llot) ol fvnds lor larger rWn1enar a1 such as TrthaichiwTOQIinQ etc. The chantycrrfinued to optt• at a smaN sUrpuS trom Evonts. the Tea SFKP aThJ adrnissths wth lar restrictsd grdnts this yearirKreasirw Ihe overal suws. incorng is rthved rentiThJ crtrtthe rwms availatye as wel as bank interest however thts income is bek)w the dè minFmis limit 0125% 01 the Chariws incorne. STRiICTVR& GOVERMANCE AND MANAGEMEKr Th8 (arty is 8 CIO IChaFitth Chyani5ationl ib nStIAtr istered on 19th FeLYuary 2019. Organlsallonal Structure Thè charity has a LK¥ard of trustees comixBiro seven trSlee$. The trust are reSWnsie lor the stratsgio direction p(4icy ol thtr charity and have control ol ihe charty. its awts and fu. Reefultmerf and appokntment of new tru¥teeg New trustè88 are apwinled by the board AGM. Ngw trustees with dfverse and us8lul Skills t•tho athl value tothè 9)vema 01th8 (atyare ojntinualty teirw 5ght. A¢HIEVEMEKfs IJ4D PERFORMANCE 2024 has sb8n the beginning of strategydelNeryiih the Iwo strjrage Lyjntwners purthasett and irtstalled togettr Wiih an elIng COnner rdcthd. These will be foknv8d in 2025 vrith more. These are InteIed lo cr•alè 5ecur6 storag8 for ewiwnent atKI artefacts not di$aY together %wth an ArthNes store. We Conitnue Imih ffi5cussions wilh our larKlord on ihe MusJM Se, 6 al$ remain. We want to renew thè1845e rthytr) enabje detwy OF our Stratw. ThanKs to better mathetirwJ wè had a suc¢8sslul Jpar wth use oftt MusJM f*kl and tik11ng$ genera¢¥j good 1m& vthith cVer (wts relalgd to the contw.ner proiecL Wè fintsW tho Jpar th a smojl gJWus.
RAMSEY RUAAL MUSEUI REPORT OF THE TRUSTEES IconLI FOR THE YEAR ENDED 31 DECEMBER 2W24 REFERENCE AND ADMINkThTIVE DAlls Reglstered Conyiy Nunkn GE016572 R8gisternd Charity Numl 1182116 Imlpal dresS Ramsey Rural Museum The WoCyard Wood lan& Aams8y Hunb"ngdon PE26 2XD Trustees lan Guant Jerèmy Klvrnftwd Zara Matthews Stove Watson Mthael Clarf( lappoin 12 February 20241 Simon Redrnan (appointed 8 Wil 20241 Gill Raymant Andrew Band FGA Whitings LLP 108 High Street Rarnsey Huntiwlon PE26 1 &8 Bankers Barclays Bar UK PLC 1 Churchill Place London E145HP AFvov•J ty (¥derofthe oftruses and syj on ils t*hair tyf. Chair . io. Datè Date
RAMSEY RURAL MUSEUM CIO REPORT THE TRUSTEES FOR THE YEAR ENDED 31 DECEIIBER 2024 DEPENOEHf EXAMINERS REPORT I report 10 Ihe OrgasaIlon.S trustees my 97rnOn 01 th8 a1rrt8 of the Ilamsey Aurd Mu8ewi CIO for thg year anded 31 Dee•2024. Re•p8ctlw MponbUiti88 As Ihe trustees of the CIO laTrJ also its thctorn forthe oSeS off>)mpany lawl are for the proparation of the a¢¢ounb in Ihe wjiwents ol CownEs knt 2011 llhè Acn. Havtro satisli myself Ihat aOUnts of the CIO are Th)t required to be altl under Pan 16 01 the 2006 Act and ar8 lor irepeTrYert exarnlnatson, I fsport in respect of my examinalton of your charsvs accounls as wried out under Section 145 of the ACL In ca.j out my examination I t4ve felknlpd the Directi$ gNen by thè Charty commission Seen 145(Sllbl of th9 2011 ACL Ba•ls of IndwMxl8nt examws rep èxamination was carriJ in acCOrth Gwwal Direthon5 gNen byth8 ClIty Commlsshtin. An examination indudes a Yeview of Ihe artounting cordS kept by the ¢haiityand a comparison of the accounts presented with rwds. tt 0 lthes ¢xJnswJeralp)n of any iterns or disdosu19S In Ihe a(xounts and seekirvJ explanations from you as trwees concemirJ anysuch matter5. The Procedu urKlertaken do noi PTOVKle all th8 eden that requir•d rn an alth. 8nd consequenty no opniion 15 gw) as to knth8lher the accounts pres¢rta e fw vre¥K aThJ tha reFQrt fs to thcK%9 rnatters Set in the staternent telow. kndependènt Exarnlnerf$ State I havo completed my ex8minabOll. l ¢fI) that r#) rnatWT mallers have cotn8 to myattgnlijn in connection Y4ith the e%Inal0n gr9 me cause to believe that in ary material 18spectr. 1. a¢countino Trc4)rd5 Kt kept in respect of Ihe CK) ag rewSred by wltcm of Ihe W. or 2. the aecounts do not acwrd thesè fecords,. or 3. the aecounts do not comptywilh Ihe aw&cable wir8rnents COrmINj the fomi and conlents ol accounts set out in the chare$ IALr¢xJnts R8FNtsI Rogulations 2008 otherihAn any reqtjirement that the attounts a Ir aThJ f&rvle 15 not a matter con&der&J as part of an iThJepet¥Jeni 8xamlnaibn. I have no ¢grnS arKI Cfjmo no other nwller5 conn10 vAlh the examination to whth attentR)n sthtkl te dra in thi% rtFrf in ordèr to enabk a rxc¢er UnderstafirJ of acetyjnts to bo read)l. SwJtwd by the IndeFer*Yent ExAmirtr. LL. LL l.-I Andrew Band FCA Whitings LLP Chartered Ac¢otsrttants & &Jsiness Pthisers 108 H¥Jh Stroat Ramsey Huntr"ngdon Cambs PE26 1BS
RAMSEY RURAL MUSEUM CIO STATEMENT OF FINANCIAL ACTivmES FOR THE YEAR ENDED 31 DECEIIBER 2024 2024 Total 2023 Total INCOME AND ENDOWMElttS FROM Chatitable activilies INote 61 Investrnent income (Note 71 Donations and 18gaTr&s 24.644 11,822 14,747 51213 99,326 123.970 11.822 17.747 153,539 29.633 8,538 3,962 42.132 EXPEHDrruRE ON CHARITABLE ACTivmES (*eratiry the Museum INote 8) 39.848 379 40.227 NEf INCOIIEI{EXPENDITURE) 113.312 4,177 RECOIICILIATION OF FUNDS Tot bae brougm IoThRf B6,822 Totd balae Carri forKdrd 204,311 90,999
RAMSEY AURAL MUSEIJM CIO 8ALANCE SHEEr FOR THE YEAR ENDED 31 DECEMBER 2024 2024 21rd3 Tot nds ftmd5 lund5 bJrKI8 FIXED ASSErs Tawible assets 12.729 12,729 CURREKfA8sETS Cash at bank 88.719 103.048 191.767 89,818 CREDITORS Amounts flrj du8 wrthin one year 185) 11851 11131 IErcuRRENf ASSETS 1012&3 103.048 204.311 TOTAL ASSETS LESS CURRENr LIABILMES 101263 103.048 204.311 90,999 NET ASSErs 101263 103.048 204,311 90.999 FUNDS Unr9stiic18d funds- G8n¥ral R8slricied funds 92.1&3 9.080 103,048 65,6W 20,711 4,595 TOTAL FUNDS 204.311 ,999 Chair
RAJdSEY RURAL MUSEUM CIO NOTES TO THE FINANCIAL STATEIIENTS FOR THE YEAR ENDED 31 DECEMBER 2024 1. ACCOUlmMG POUCIES Basis of F•paration of ffinaneial stJt8m•nts The financial statements have been Fxepar8d underlhe histo11 usst COfW8nbon items re(gniSed at ¢0St or iransactb)n unless oth8rv•i5e Sta in the relevarrt notes to these financi stalemonts. The finartial slatemants have been preFwed in a(xx)rdance wlh th Staternent of RecornrTr¥Jed Prackn.. Accountu%J arnl Repth"rKJ bycharibes weparing thEir accounts in arda th th8 Finaneta RetwD"TYJ StaThJaJd a[ple in the Untt8d lQ"ng(kJm and RepU1C ol Ireland IFRS 1021 issuad on 1stJanuary 2019 and Ihg FKIal Rew)r1tno Standard applKxbk in the United lfjngdom arKI ReyJt of Irelan¢J IFRS 102) arKI the Charibgs Act2011. Ststnt of $h Ilows The Trustees have optedio take advante ofthe amendmert to Clwlbes SORP FRS 101 where onty Pdrgw chariiS are required to prepare a Statement of Cash Flow. JI income is reCLniSed in the Statement of FirwKlal ACINeS orKe the chaiity has entlernent to the funds. it is probable that tho itKcmg bg receiv? arxl the amouni can be measured reliabty. ab'liti&s are recognised as eyperKlth&re as as I1e is a le9 or constwcbve obligation commitbng the chaity to that expenditure. K is pTCthb thal a transfer of tKI1¢ knelits 11 te requir8d in settbm8nt and the amounl ol the otrAigalJon can b8 measured reliabty. ExpendStU is ac(x)unted for on an acuuats basis and has dasstfied under hoa¢Sngs thai aggregate am cost related to lh8 categw. Wher8 co cannot b8 dire¢ty attru1 to pattlar Tuation The th8rity is exemptfrom coryrat tax on ts charitablg 8cb¥lbes. Fund accounting olthe trustees. Restri fvn(ts can only bg used ts wtitsjar resthcted wrpose8 7AryINn the rj)i ottho charity. R8siriclR)ns arise when $peU (&y¥Jr orwhen funds raised for ¥)aitiwlar Further 8xplanation 01th8 nthrg w)$8 of èach fu1 is indud&J in tha tleS to thè rinancial st*èments.
RMISEY RURAL PIUSEUM CK) IIOTES TOTHE FINANC sTATEMETrs (eonL) FOR THE YEAR ENDED 31 DECEMBER 224 2. TRUSTEES REMUNERATK)N AMD BENEFrrs There were nrjtrusiees. rernuneration OrOtt benth 31 2024 nor for Ihe year 8fKled 31 December 2023. TNstees' Èxpensas The tnjstees partl lor and were reimt¥Jrsed fultylorlhe lonow'ThJ'. IAn Gaunt." Shepherd5 hut maintenance Costs 01 £225.47, Marque8 ¢osts lotallÉng £179.87 J•¥8rny Mumlord." Gaffer ty £9.98. Key (yjthng £20.00. Potato oven £250.IXI. &ationery £8.99. and Food aThJ drink totallirKJ £27.79 Steve W•tson: Stsbonery £3.98. Cat8ring * £60. a PaJknck£43.99 Olhar trustees: N 3. STAFF C<)srs There were no stalf in the year as the tygaFisakn Is tyVDkMteS. AccordiThJty. aro no slafs eamiThJ in ex$ 01 £60.fKIO. OEBTORS 2024 2023 Grants 1.100 194 S. CREDITORS: Amoupifs FALLIIIG DUE wrTriiii OllE YEAR 2024 2023 113 6. CHARITABLE ACTivmES 2024 2023 Charitable acbvibes 24.644 27.1&7 IT8.970 7. INVESTM INCOME 2024 2023 Rental nrne Interesl received 7,748 4.074 11.822 5,100 3.438
RsEy RURAL MUSEUM C NOTES TOTHE FINANCIAL STATEMEKfs IMnLI FOR ThE YENSI ENDED 31 DECEMBER 2024 EXPENDITURE OM CHAiirrABLE ACTivTr Bank charge, wor•ssing costs & c&shbaL* Le9 & pTofessK)nd fees Business rates and water Pur¢hases Licens88 81 108 502 196 331 5.112 1.720 970 916 Curatorial costs Event costs tT Harthrfare & Sofvare Printing, post48 and statiorwry In$urarKe R8nt Ropwrs and Mteae MarketiNJ and pth)fjeity ¢mbèrshp and subsrx¥JtY CAolhw purchases trea¢h Recruthnl Training Volunteer mdeage IHMRC Sche¢) Sundry R88tiict8d spent Lht and heat Teph0fie and Ixvadb Garden & 4.019 2.168 1128 2.2C 319 1,261 156 1211 1,885 10,2( 1.4Tr) 5.493 57 379 1( 1.7t&5 6.013 519 611 9. MQVEMEKf IN FUNDS Tho chwity is c(rtroll&J bythe boartl OttStee ance at Year 31 D8carrtsor 2la 1 Jar¥Jary Balance at 31 Dec8rnbar unrestriclnds Reslricted furw 82287 39.Y 4.&85 86,027 241 1241 Tolal Balan at 31 tknmber Yaar ended 31 Decenknr 2024 1 January 2024 Unre51riCt8d IWKIS Restricte(I funds 51213 102826 97,769 106.542 379 Ttstal 153.539 10. ULTE coKfROLLINQ P
FOR IHE YEAR EI•JED 31 DE¢EM8ER2024 2024 2029 Tot futs nds Charitabkn a¢tlvllles Grants r8ceN8d 24.644 99.326 27.153 99.328 In%stThnt Ir0m Rentl itKt)me 7.748 4,074 7,748 4,074 5,1 14.747 17.747 51,213 101326 153.539 42,1&3 Awwntancy 81 81 Pwthases CenseNation costs Cuatorl costs Event CQ5ts 196 5,S32 916 5.1 t2 5,112 1,720 970 970 2,352 4.019 2,168 Prinbng. p• aNJ 5tabwy InraJ9 Re Repairs maintenar MarfEOting and puNi¢ity Mtrmbership and Cloihing purtha 549 2,128 2,128 1.384 10.199 6.319 1,261 156 6.319 1.261 IrJi Aecruthnt TraniNJ VobJnieer (Hk¢RC schenl SunLIry Restried grants srtr)t L¥Jhr arKt tat Telepho a[ IxoadbaNI 1493 5,493 57 379 379 1.705 6.013 519 611 379 40227 37.956 NINcomE11ExPEN[nIR t13,312 4.177 RECOPXILIATION OF FUNDS Told bakn ¢j fr)rwd 204.311