2021-04-30-accounts

Contents		Page
Reference and Administration	details
Trustees' Report		2-8
Independent examiners report
Statement offinancial activities		10
Balance Sheet
Statement ofCash Flows		12
Notes tothe Financial Statements		13- 22

					2021	2020
			Unrestricted	Restricted
		Note	Funds	Funds	Total Funds	Total Funds
						E
Income &Endowments
Donations a Legacies		2	637,205		637,205	312,991
Charitable Activities		3	25,521	76,467	101,988	97,389
Trading Activities		4	37,920		37,920	27,674
Other		5	82,713		82,713	32,880
Total income			783,359	76,467	859,826	470,934
Expenditure
Fundraising			57,906		57,906	9,906
Charitable Activities		6	621,152	20,883	642,035	189,956
Trading Activities			1,485		1,485	6,451
Other		7	31,817		31,817	19,014
Total Expenditure			712,360	20,883	733,243	225,327
Net income			70,999	55,584	126,583	245,607
Other recognised losses
Losses on revaluation	of
fixed assets			(375,736)		(375,736)
Net movement in funds			(304,737)	55,584	(249,153)
Funds Brought Forward			236,627	8,980	245,607
Funds Carried Forward			(68,110)	64,564	(3,546)	245,607

					As restated
			Note	2021	2020
Fixed Assets				E	E
Tangible Assets			10	84,629	87,395
Heritage Assets				79,887	455,623
Current Assets
Stocks				1,500	1,500
Debtors			12	48,009	34,028
Cash at Bank and In Hand				167,033	105,052
				216,542	140,580
Creditors: Amounts	Falling Due Within One Year		13	229,414	194,969
Net Current Liabilities				(12,872)	(54,389)
Total Assets Less Current		Liabilities		151,644	488,629
Creditors: Amounts	Falling Due After Inure Than One Year			155,190	243,022
Net Assets				(3,546)	245,607
Charity Funds			14
Restricted Funds				64,564	8,980
Unrestricted Funds				(68,110)	236,627
Total Funds				(3,546)	245,607

ear Ended 30April 2	021
		Note	2021	2020
Cash flow from operating	activities	16	34,864	654,100
Cash flow from investing	activities
Payments to acquire tangible fixed assets			(22,883)	(549,062)
Interest received				14
Net cash flow from investing activities			(22,883)	(549,048)
Cash flow from financing	activities
Bank loan received			50,000
Net cash flow from financing activities			50,000
Net increase in cash and	cash equivalents		61,981	105,052
Cash and cash equivalents	at 1 May		105,052
Cash and cash equivalents	at 30April		167,033	105,052
Cash and cash equivalents	consists of:
Cash at bank and in hand			167,033	105,052

Donation	s and legacies
		2021	2020
		Unrestricted	Unrestricted
		Funds	Funds
Save The	NVM Appeal	68,783	35,955
Corporate	Donors	6,205	117,529
Individual	Donors	162,217	159,507
Arts Council Grant		400,000
		637,205	312,991

					2021	2020
			Unrestricted	Restricted
			Funds	Funds	Total Funds	Total funds
			E			E
Museum	Entry		25,103		25,103	51,675
Educational		Income	418		418	5,174
Grants				76,467	76,467	39,200
Fundraising		Events				1,340
			25,521	76,467	101,988	97,389

					2021	2020
			Unrestricted	Restricted
			Funds	Funds 6	Total Funds 6	Total Fundsf
Conference		Income	1,889		1,889	2,363
Consultancy		Income	25,798		25,798	13,086
Sponsorship			8,754		8,754	7,715
Museum	Shop Income		1,479		1,479	2,798
Private	Hire					1,712
			37,920		37,920	27,674

				2021	2020
				Unrestricted	Unrestricted
				Funds	Funds
CAF Coronavirus		Emergency	Fund		25,000
Coronavirus	Job	Retention Scheme		45,041	7,866
Sheffield City Council Grants				37,672
8ank Interest					14
				82,713	32,880

						2021	2020
				Unrestricted	Restricted
				Funds	Funds	Total Funds	Total Funds
				E	E
Visitor Services				88,391		88,391	27,338
Curatoria	I			101,107	9,320	110,427	36,068
Learning				22,294		22,294	6,431
Executive	Team			101,521		101,521	39,880
Marketing				37,880	2,171	40,051	8,378
Legal and	Professional	Fees		27,337	8,529	35,866	17,358
Estates Costs				171,947		171,947	47,941
Other Costs relating to		charitable	activities	70,675	863	71,538	6,561
				621,152	20,883	642,035	189,956

			2021	2020
			Unrestricted	Unrestricted
			Funds	Funds
Governance	&Finance	Costs	12,526	12,970
Depreciation			19,291	6,044
			31,817	19,014

			2021	2020
Average	monthly	number ofemployees	21	18
			6
Wages	and Salaries		348,281	102,696
National	Insurance		24,900	3,832
Pension	Contributions		8,116	1,944
			381,297	108,472

			Fixtures &
	Equipment	Furniture	Fittings	Total
			f
Cost/valuation
1May 2020	22,435	36,971	34,033	93,439
Additions in year	1,018		21,865	22,883
Disposals in year			(7,000)	(7,000)
30April 2021	23,453	36,971	48,898	109,322
Depreciation
1May 2020	2,445	1,134	2,465	6,044
Charge forthe year	7,841	7,397	4,053	19,291
Eliminated on disposal			(642)	(642)
30April 2021	10,286	8,531	5,876	24,693
hjet BookValue
30April 2021	13,167	28,440	43,022	84,629
30April 2020	19,990	35,837	31,568	87,395

	2021	2020
Trade Debtors	8,009	34,028
Accrued Income	40,000
	48,009	34,028

13Creditors: Amounts	Falling Due Vyithin One Year
		2021	2020
Bank Loan		8,333
Trade Creditors		40,437	2,451
Other Taxation and Social Security		9,336	14,805
Other Creditors		165,308	164,000
Accruals		6,000	13.713
		229,414	194,969

13Creditors: Amounts	Falling Due After More Than One Year
		2021	2020
Bank loan		41,667
Other Creditors		113,523	243,022
		155,190	243,022

			Balance at1			Balance at 30
			May 2020	Income	Expenditure	April 2021
			E	E
Unrestricted	Funds		236,627	783,359	(1,088,096)	(68,110)
Restricted Funds:
CRM system			8,980	2,300	(11,280)
Art fund Respond		8r
Re-imagine				36,000		36,000
The Museum
Association	Animal
Crossing				29,167	(603)	28,564
Art Fund VHS				9,000	(9,000)
			8,980	76,467	(20,883)	64,564
Total Funds			245,607	859,826	(1,108,9791	(3,546)
			Balance at 22			Balance at 30
			May2019	Income	Expenditure	April 2020
					E	E
Unrestricted	Funds			461,734	(225,107)	236,627
Restricted Funds:
CRM System				9,200	(220)	8,980
Total Funds				470,934	(225,327)	245,607

Year ended 30April 2021
	Unrestricted	Restricted
	Funds	Funds	Total
Fixed Assets	164,516		164,516
Cash	142,469	24,564	167,033
Other current assets / (liabilities)	(219,905)	40,000	(179,905)
Creditors more than one year	(155,190)		(155,190)
	(68,110)	64,564	(3,546)
Period ended 30April 2020
	Unrestricted	Restricted
	Funds	Funds	Total
Fixed Assets	543,018		543,018
Cash	96,072	8,980	105,052
Other current assets / (liabilities)	(159,441)		(159,441)
Creditors more than one year	(243,022)		(243,022)
	236,627	8,980	245,607

			2021	2020
Net income forthe period			126,583	245,607
Interest receivable				(14)
Depreciation			19,291	6,044
Loss on disposal oftangible fixed assets			6,358
(Increase) in stock				(1,500)
(Increase) / decrease	in debtors		(13,981)	(34,028)
(Decrease) / increase	in creditors		(103,387)	437,991
Net cash inflow from	operating	activities	34,864	654,100

			2021	2020
Lease payments	due no later than one	year and no later than five years	284,167	394,167
19Related Party	Transactions
There were no related party transactions		during the year (2020; 6nil).