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