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|---|---|---|
|Report ofthe TrUstees|||
|Report ofthe Independent
Examiner|||
|Statement of Financial|Activities||
|Statement of Financial|Position||
|Notes to the Financial|Statements||
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||||||||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|||||||
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||||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|
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||||||||||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||
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|(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|||||||||
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|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|||
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|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||
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|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|
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|(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)||
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