2021-12-31-accounts

		Page
Report ofthe TrUstees
Report ofthe Independent Examiner
Statement of Financial	Activities
Statement of Financial	Position
Notes to the Financial	Statements

							31/12/2021	31/12/2020	31/12/2020
							Total	Tots	I
							Unrestricted	Unrestricted
						Notes	funds	funds
							6	6
Income and endowments		from:
Donations and legacies							2,799		3,087
Other trading activities									189
Investment Income and Interest							13,872		11,843
Other income
Totallncoming resources							16,77?		15,119
Expenditure on Charitable		Activities
Charitable actidlies							9,107		8,462
Tots I expen diture							9,107		8,462
Net income/(expenditure)		for the period					7,670		6,657
Net gains/posses) on investments							'f9,952		28,559
Net Income/(expenditurej							27,622		35,216
Reconciliation offunds:
Total funds brought forward							735,122	699,906
Total funds carried forward								735,122
The statement crsnancial	actidties		includes	al! gains and losses recognised	in the penod.
All oithe above relate to continuing			actidties

			31I12/2021	31!12r2020
			1'ota I	Total
			Unrestricted	Unresblcts d
		Notes	funds	funds
			8	8
Fixed assets
Tangible assets			43,787
Hedtage assets Inveatmente held for more than one year			521,542	446,390
Total Rxed assets			RN32&,
Current assets
Debtors		16	499	204
investments held for less than one year		13	170,930	246,318
Cash at bank and in hand		15	27,415	43,276
Total current assets				289,797
Creditortr. amounts	fatting due within one year		1,429	1,085
Net current assetar(liabilities)				288,732
Total assets less current liabilities
Funds ofthe Charity
Unrestricted funda			762,744	735,122
Total funds			782,744	738,122

									31/12/2021		31/12/2020	31/12/2020
									Total		Tots	I
									Unrestricted		Unresbicted
									funds		funds
2. DONATIONS AND LEGACIES
Membership subscriptions Income tax refunds									2,032 475			2,	104 522
Gifts and donations										292			461
Legacies received
Gilts and donations
									31/12/2021		31/12/2020
									Total		Tote	I
									Unrestricted		Unrestricted
									funds		funds
3. OTHER TRADING ACTIVITIES
Sales of literature and publications									106				189
									31/12/2021		31/12/2020
									Total		Total
									Unrestricted		Unrestricted
									flin de		funds
4. INVESTMENT INCOME
Interest	receivable	on Sarasin	Endowment		Fund		12
Interest	&ecetvable	on Sarasin	Income and Reser~ Fund				12			1			10
interest	receivable	on Blackrock		Liquidity	Income		13			1			35
Bank deposit interest									135				32
Diudends	and other investment			income - Sarasin		long term funds	12		13,735		11,759
												11,843
6. CHARITABLE ACTIVITIES COSTS
							Direct		Support		Tots I
							Costs		Costs		Costs
							note	6	Note 7
							f
Charitable Actidties								4,381	4,726			9,107

(Continued)
					31/12/2021		31/12/2020
					Tots I		Tots I
					Unrestricted		Unrestricted
					funds		funds
					E
6. DIRECT COSTS	OF CHARITASLE ACTIVITIES
Museum operating	costs					555
Meetings expenses						502		202
Webs its costs					2,569		2,322
Costs of maintaining	the col)ection					260	'l,424
Publications costs								406
Newsletter costs								430
							4,784
7.SUPPORT COSTS
		Admln.		Finance	Investment		Support
					fitanagement		Costs
							E
Charitable actin/ties			398	270	4,	059	4,726
8. TRUSTEES' RB!iIUNERATION AND BENEFITS

11.TANGIBI,EFIXEDASSETS
	Leasehold	Fixtures	&	Tots I
	Property	Fittings
COST
at 1st January 202'I
Additions	38,258		5,676	43,934
at 31st December 2021	35, 55		6.678
DEPRECIATION
at 1st January 2021
Charge for the year	147			147
at 31st December 2021	147
NET BOOK VALUE
at 31st December 2021	35111			43,787
at 31st December 2020

12. INVESTMENTS	12. INVESTMENTS		HELD FOR MORE THAN	HELD FOR MORE THAN	1 YEAR	31/12/2021	31/12/2021	31/12/2021	31,12.20
						Safaslil	Sarasln	Sarasln	Saratdn
						Endowment	Income &	Total Funds	TotalFunds
						Fund	Reserves
						6	E
Opening	valuation					203,658	242,732	446,390	455,	158
Transfer to Blackrock ICS Sterling				Fund (Note	13)	95,000	(50,010)	44.990	45,291
investment charges			levied			(1,732)	(1,782)	(3,514)	(2,884)
Interest	received					1	1	1		17
Reaiised	Gain/Losses		(see note 14)				1,134	1,134		135
Investment income						7,129	6,606	13,735	11,759
Surplus	on valuation		(see note 14)			21,752	(2,946)	18,806	27,496
Closing	valuagion	at market value						521,542

or the Period Continued)	or the Period Continued)	or the Period Continued)	end	end	ed 31 Dece	ed 31 Dece	ed 31 Dece	ed 31 Dece	ed 31 Dece	mber 2021
13. INVESTINENTS			HELD		FOR LESS THAN					1 YEAR	31/12/2021		31/12/2020
											Blackrock		Blackrock
											ICS Stetting		ICS Sterling
											Fund		Fund
											E		E
Opening		valuation									246,	318	200,509
Transfer		to Sarasin	Funds		(see Note 12)						(44,990)		45,291
Transfer		to Lloyds Bank current					account				(30,000)
interest		received (see note			4)									35
Charges		taken from		fund							(410)		(446)
Realised		gains/(losses)												172
Surplus		on utluation		(see note			14)					12		755
Closing		valuation	at market				value				170,930
											31/12/2021		31/12/2020
											Total		Total
											Unrestrtcted		Unrestricted
											funds		funds
14.I4ET/GAINS/(LOSSES)					ON INVESTMENTS						E
Surplus		on valuation		at 31/12/2021				for long term funds (gross ofcharges)			18,806		27,496
Surplus		on valuation		at 31/12/2021				for short lerm funds				12		756
Realised		gains/{losses) from				long term funds					1,134			135
Realised		gains!{losses) from				short		term funds						172
											19,952		28,559
16. CASH AT BANK				AND	IN	HAND					31/12/2021		31/12/2020
											TotalFunds		Total Funds
											it		E.
Shawbrook Bank 60				day notice			account		- Issue 2		7,	123	7.061
Shawbrook Bank 12				month	txed rate account								5,000
Lioyds	Bank 32 day			notice	deposit			account					20,018
Lloyds	Bank current			account							20,292		11,197
											27,415
16. DEBTORS:All/IOUNTS					FALLiNG DUE WITHIN ONE YEAR						31/12/2021		31/12/2020
											Total Funds		Total Funds
											E
Prepayments												499
														204
17. CREDITORS:AMOUNTS						FALLING DUE				WITHiN ONE YEAR	31/12/2021		31/12/2020
											Total Funds		'Total Funds
											E		E
Accruals		and deferred		income							1,429		1,065

16. CASH AT BANK	AND IN HAND
Shawbrook Bank 60	day notice account - Issue 2
Shawbrook Bank 12	month txed rate account
Lioyds Bank 32 day	notice deposit account
Lloyds Bank current	account

(Continued)
18. MOVEMENT	IH FUHDS					at 01.01.21		Net	Transfers	at 31.12.21
							Movement		between
Unrestricted Funds							in	Funds	funds
									E
Gsnsial Fund						62,735		27622	(40,000)	50,356
Designated Fund	-	Museum	Development			672,387			40,000	712,387
Total Unrestricted		Funds				735,122			0	762 744
Hat rnovemsnts	in funds,		included		in the above are as follows
							Incoming		Resources	Movement
Unresbicted Funds							Resources		Expended	in Funds
									E	K
General Fund								36,728	(9,107)	27,622
Designated Fund	-	Museum	Development
Total Unresbtctsd		Funds							9,107	27,622
Comparattves for movements				in funds
						at01.01.20		Het	Transfers	at 31.12.20
							Movement		between
Unrestricted Funds							in	Funds	funds
									E
General Fund						27,519		35,216		62,735
Designated Fund	- Museum		Development			672,387				672,387
Total Unrestricted		Funds						35,216	0	735,122
Nst movemen1s	ln	funds,	included		in the above are as follows
							Incoming		Resources	Movement
Unrestricted Funds							Resources		Expended	in Funda
										E
General Fund								43,678	(6,462)	35216
Designated Fund	- Museum		Development							0
Total Unrestricted		Funds							(8,462)